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Listing Id: 1748 Total Views: 15189

(Sold) Gifts & Souvenir Business At Chinatown In Singapore For Sale

Central Area

Date Closed: 20/03/2018

Asking Price: Under S$50K
  • Premise Type N/A Premise Size
  • Monthly Rental S$5,200 Rental Desposit S$14,400
  • Revenue S$20K - 50K Liability N/A
  • Gross Profit S$50K - 100K Net Profit S$5K - 10K
  • Stock S$40,000*** FFE S$20,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 1
  • Established 2012 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price

Reason For Sale

Moving To USA

Description

A profitable business dealing in Singapore Souvenirs and other antiques, handicrafts as well as collections.
800 sq.ft fully furnished with the existing stock of asking price $50k.
Fully Airconditioned with cash register. The unit have the water point and its own toilet.

There is a fabulous daily heavy traffic as it is near to the main tourist attraction in Chinatown. The temple, mosque and Chinatown heritage are the main places with buses stopping outside our location.
Located individually on the row and the only souvenir shop for tourist leaving after visiting the temple and the mosue. The location being a plus point and advantage.

Business Operation

10am to 8pm
Business Hour
Located individually on the row , the only souvenir shop for tourist after visiting the temple and the mosque
Competition
Corporate Gifts,Wholesale, Events
Expansion Potential
We can provide the training, supplier details and the best possible support
Support and Training

Property Information

Rent
Premise Status
5 months and can be extended to another 24months
Lease Term
Near to Indian temple and the mosque facing South Bridge Road and the tourist bus stops infront of the shop
Premises Details
Yes, it can relocate to other place
Relocatable

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