SingaporeOverview
Financial Performance
Revenue
S$20K - 50K
Gross Profit
S$10K - 20K
Net Profit
S$10K - 20K
Monthly Rentalt
S$6,900
Business Operations & Assets
Staff
2 Employee
Year of Incorporation
2009
Owner Role
Investor
Premise Status
Rent
Business Details
Reason For Sale
Owner requires cashing out
Description
Long established shoe repair business owner looking for investors/sleeping partners to purchase 49% stake. Healthy nett profit figures for the past few years, and owner is transparent with books.
Estimated monthly dividends of $5,000-$6,000/month.
Owner will continue to operate and run the business with his staff, so sleeping partners/investors will find this most suitable.
ROI in less than 2 years; yield works out to be approximately 29.7%.
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