Singapore

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Listing Id: 28532 Last Refreshed: 05/06/2023 Total Views: 723

(Expired)Food, Snacks & Advertainment-Space Business Along Busy Commercial Street For Sale. Sell With Asset.

Bukit TimahCoffee Shops and CafesVending MachinesAdvertising and Marketing Agencies
Asking Price: S$688,888(Neg.)
  • Premise Type Commercial Street Premise Size 97 sqft / 9 sqm
  • Monthly Rental S$1 Rental Desposit S$0
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Ken

Reason For Sale

change of personal business interest

Description

Food, Snacks & Advertainment-space business along BUSY commercial street for sale. Sell with asset.

Currently is use to operate 1 unit of vending machine. Monthly revenue is $500. This property could house 4 unit of the similar vending machine,

Supply chain of the product in the vending machine will be transfer to new buyer.

Physical assets include in sale:
1) Freehold commercial space = 97 ft2 (built in year 2015)
2) 1 unit of Brand new Japanese-made vending machine for cold-drink and snack (value :SGD6.1K)
3) Prestige company address for business registration and name card printing
4) Air-condition system
5) Fully renovated
6) 24 hr Security monitoring system
7) 2 side-wall are transparent, hence good for advertisement and marketing

Prime location for customer and employee:
1) Next to Beauty world MRT station
2) 10 meters distance to bus-stop
3) Center of Singapore
4) open wide space in front of space.
5) Surround by enrichment center, veterinary clinic, human clinic.

Business potential growth:
1) Release property to collect rental, and relocate exsiting vending machine to other location to generate 2 stream of incomes
2) Alternatively add 3 more unit of vending machine. Current revenue from 1 machine is $500.
3) Use space for advertisment and market.

Operation cost of property:
1) maintenance fee is SGD100 per month
2) property tax is SGD100 per month

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