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Listing Id: 13981 Last Refreshed: 06/10/2020 12240 Views

Well established, profitable Laundry Business with Automated System for Takeover in Buona Vista

Closed
Asking Price <span class='currency'>S$</span>50,000
Clementi Service Businesses Laundries
Business For Takeover
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

SOLD

Overview

Financial Performance

Annual Figures
Revenue
S$10K - 20K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,000

Business Operations & Assets

FFE
S$50,000 Price Included
Staff
1 Employees
Year of Incorporation
2014
Owner Role
Full Time
Premise Status
Rent
Premise Type
Shopping Mall
Rental Deposit
S$6,000
Premises Details
Shop unit is located in open shopping mall and is accessible 24/7 without restriction. Close to taxi stand and main road which eases customers collection and drop off process and minimum waiting time.

Business Details

Reason For Sale

Owner wish to retire.

Description

Well established and profitable dry cleaning and laundry outlet in shopping mall for takeover.


Adopts a modern automated 24-hour drop-off and pick-up kiosk that allows customers 24/7 round the clock access to laundry service. Flexible working hours for full time or part-time counter staff on site.


-  Well established, popular and profitable.

-  Good location, near taxi stand and main road.

-  Easy accessibility 24/7 without need to enter car park

-  Good pool of clientele from Commonwealth, Buona Vista, Dover, Clementi, Lakeside, Bukit Panjang, Holland and Bukit Timah

-  Selling with existing clientele and related equipment.

-  Franchise concept, no franchise fee, pay only small transfer fee.

-  Training provided, if necessary


Feel free to contact Angie at 9776 4866 for a non-obligatory discussion.


Facilities

Every customer who uses the automated system for drop off and pick is very happy, impressed and satisfied with the user-friendly, simple-to-use and convenient process, most of all the flexibility to access 24/7 according to their schedule. Turn-around time is 2-working days which is one of the fastest in the market at normal charges.

Competition

No real competition in the vicinity as to the convenience, quick turnaround and quality is a class of its own.

Expansion Potential

Regular load washing can be introduced with installation of washer and dryer which can easily add 15%-20% to the current monthly turnover.

Buyer Support & Terms

Support and Training

Training can be provided.

Background & Skills

Counter service

Seller Financing

Yes, seller financing is available.
Can be discussed.
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