SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Operations & Ownership
Staff
1 Employees
Owner Role
Full Time
Property Information
Premise Status
Rent
Operations & Growth
Reason For Sale
Inability to focus on this business due to other commitments
Description
Retail laundry business for sale in the east as owner is focused on other commitments and has been unable to devote full attention to business. Easy to run business suitable for first time business owners.
Location:
Located in premium neighbour with numerous condominium developments and bungalows, supported by HBD.
Good high traffic location within the mall, near anchor tenant.
Operations:
Drop-off and collection point with actual washing handled by business partner, making operations simple and easy to manage
Proprietary SOP, training and on-going support will be provided
Existing employees in place and can be transferred to the new owner if desired
Business started ~1 year ago and has built up significant goodwill among regular customers
Financials:
Revenue increasing monthly (6-12k); potential to grow further with dedicated effort
After deducting washing cost and rental, the business breaks even with increasing profitability
Accounts easy to manage as there is only one fixed cost
Owner letting go due to other pre-existing commitment resulting in inability to properly focus on this business.
Takeover fee includes all fixtures (renovation, counter-top, tables, racks, telephone, stationary etc.) necessary for ongoing operation. Payment terms can be negotiated.
Location:
Located in premium neighbour with numerous condominium developments and bungalows, supported by HBD.
Good high traffic location within the mall, near anchor tenant.
Operations:
Drop-off and collection point with actual washing handled by business partner, making operations simple and easy to manage
Proprietary SOP, training and on-going support will be provided
Existing employees in place and can be transferred to the new owner if desired
Business started ~1 year ago and has built up significant goodwill among regular customers
Financials:
Revenue increasing monthly (6-12k); potential to grow further with dedicated effort
After deducting washing cost and rental, the business breaks even with increasing profitability
Accounts easy to manage as there is only one fixed cost
Owner letting go due to other pre-existing commitment resulting in inability to properly focus on this business.
Takeover fee includes all fixtures (renovation, counter-top, tables, racks, telephone, stationary etc.) necessary for ongoing operation. Payment terms can be negotiated.
Buyer Support & Terms
Seller Financing
Yes, seller financing is available.
To be discussed
To be discussed
Premium Member
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