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Listing ID: 13866 Last Refreshed: 07/05/2019 16460 Views

Established Laundry And Dry Clean Retail Business In The West For Sale

Asking Price <span class='currency'>S$</span>100K - 200K

Overview

Financial Performance

Annual Figures
Revenue
S$50K - 100K
Gross Profit
S$20K - 50K
Net Profit
S$10K - 20K
Monthly Rentalt
S$1,500

Assets & Working Capital

FFE
S$80,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Year of Incorporation
2013
Owner Role
Full Time

Property Information

Premise Status
Rent
Premises Details User-entered information
Over 33,000 units of homes in the area. Located in the neighbourhood with numerous HDB, condominium developments and landed property.
With over 5 years of presence known in the neighborhood and regular customers every week

Operations & Growth

Reason For Sale

Owners have day jobs and unable to devote full attention to business. Easy to run business suitable for first time business owners and to run remotely.

Description

Takeover and operations

Takeover fee includes all fixtures (machinery, counter-top, tables, racks, telephone, stationary etc.) necessary for ongoing operation.

- Serves as good passive investment and with room for business expansion with some marketing

- On going operations with existing pool of clientele and regular customers coming weekly

- 24 hour Drop-off and collection point, fuss free with no washing needed on your part

- Simple and easy to manage operations

- 2 existing staff in place with friendly customer service and who new owner can choose to retain

- POS system available

- SOP available, training and support during initial handover can be provided 

- A number of existing corporate accounts to hand over

 

Location

Over 33,000 units of homes in the area. Located in neighbour with numerous HDB, condominium developments and landed property.

With over 5 years of presence known in the neighborhood and regular customers every week

With new 24 hour laundry service drop off and collection point available for customers’ convenience

Regular customer database

Market nearby with 2 big grocery chains’ 24-hour outlets that will draw in a late night crowd

Facilities

24h kiosk and conveyor belt for automation

Expansion Potential

With new 24-hour laundry service drop off and collection point available for customers’ convenience
Regular customer database
Market nearby with 2 big grocery chains’ 24-hour outlets that will draw in a late night crowd
Near SST, SP, NP, SIM and SUSS

Buyer Support & Terms

Support and Training

Support and training available

Background & Skills

Business, Marketing, Operations
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