SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,600
Operations & Ownership
Staff
1 Employees
Year of Incorporation
2021
Owner Role
Part Time
Property Information
Premise Type
Shopping Mall
Premise Size
775 sqft / 72 sqm
Rental Deposit
S$10,830
Premises Details
User-entered information
Currently is leased till end of 2024.
Operations & Growth
Reason For Sale
Focus on new business venture
Description
The company was establish in around 2021 with around 20 claw machines.
After 1 year, we had successfully relocated to a larger premise which able to fit more than 40 claw machines.
Ideal for entrepreneurs or even as a side hustle:
•Low capital outlay
•Low maintenance business
•Fixed lease negotiated
What to expect:
- More than 40 claw machines with 2 token machines
- Smart QR payment system in-placed to allow various type of payment such as PayNow / PayLah
- Unmanned Claw Machines which can operate with minimum operating cost
- Premises CCTV to monitor store 24/7 with no subscriptions required
- Regular maintenance and restocking of prizes are necessary to keep the machines in good working condition and to maintain customer interest
Fast Breakeven or further expansion estimated with around 1 - 2 years of operation
After 1 year, we had successfully relocated to a larger premise which able to fit more than 40 claw machines.
Ideal for entrepreneurs or even as a side hustle:
•Low capital outlay
•Low maintenance business
•Fixed lease negotiated
What to expect:
- More than 40 claw machines with 2 token machines
- Smart QR payment system in-placed to allow various type of payment such as PayNow / PayLah
- Unmanned Claw Machines which can operate with minimum operating cost
- Premises CCTV to monitor store 24/7 with no subscriptions required
- Regular maintenance and restocking of prizes are necessary to keep the machines in good working condition and to maintain customer interest
Fast Breakeven or further expansion estimated with around 1 - 2 years of operation
Facilities
More than 40 claw machines, 2 token machines, premise CCTVs
Expansion Potential
Around 70% of the current store is occupied.
Possible to bring in more machines for better income.
Possible to bring in more machines for better income.
Buyer Support & Terms
Support and Training
Full support and training will be provided to ensure a smooth takeover.
Background & Skills
No specific skills are required.
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