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Listing ID: 3478 Total Viewed: 2257

Highly Profitable Business PLUS Assignment Of HDB Shophouse (David 91455466)

Kallang/Whampoa, Singapore

Asking Price : SGD450,000

Revenue: SGD600,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1969

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD240,000

Liability: Not Disclosed

FFE: SGD50,000

Staff: 11

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Owner is Retiring
Business Description

Sometimes, you may have a profitable business for sale BUT the property is not in your controll. Other times, you may have control over the property BUT you may have a loss-making business. 

This is truly a rare opportunity!!! Highly Profitable Business for Sale PLUS assignment of the HDB Shophouse space. 


Ground Level: 1350 sqft of space divided into 3 shops

2nd level: 650 sqft--3 bedroom apartment to house the workers


Owner is permitted to assign the HDB Shophouse anytime before Oct 2019. 


Currently, the owner, who is a sole proprietor, runs the place as a beauty parlour (3 shops: facial, hair saloon, manicure and pedicure saloon).


Why you should seize this opportunity:


Rare to have such a combination of healthy profits PLUS assignment

- Shopspace is less than 3 mins walk to the MRT

Flexibility of space: run 3-4 different shops or combine all the space for one shop

- The surrounding area is experiencing a facelift and upgrade; get in early before the area becomes more expensive

Low rental: Only $4600 per month for this large space. By using the 2nd floor apartment to house your workers, you will save on renting dormitory space. 

Ample parking right in front of shop: Because it is an old HDB block, there is plenty of parking spaces just in front of the shop. Convenient for your clients and customers=more money $$$ for your business


Call me today to seize this great deal (David 91455466)


Business Operations
Supporting and Training:
Please note: Staff will not remain. Buyer will need to hire new workers. Easy to hire such workers because of plentiful supply. Training of new workers can be discussed.
Staff:
11 Foreigners
Property Information
Premise Status:
Rent
Premise Size:
1950sqft
Rental Fee:
SGD4,600
Lease Term:
Current lease expires in May 2018
Premises Detai:
HDB Shophouse. Good location. Spacious.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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