Listing Id: 31611
Last Refreshed: 03/05/2024
Total Views: 919
(Expired)Sound Entertainment Biz Investment - Gross Revenue S$13M A Year, Net Profit 25%, Break-Even 3Years+
Central AreaEntertainment and Leisure
Asking Price: > S$5M
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Direct Seller
Reason For Sale
Owner venturing Into Other Businesses
Description
Why you should consider this sound investment in entertainment business in Singapore:
1. One of the Largest premier clubs in Singapore with 13,000 sqft space.
2. One of the select few clubs in Singapore with a rare entertainment license allowing operation until 6 am, enabling extended business hours spanning 15 hours.
3. Clientele primarily comprises affluent local Singaporeans aged 30+ to late 40s, known for their robust spending capacity.
4. Club delivering seamless customer experiences, offering top-notch services, and driving increased sales.
5. Achieving rapid business breakeven within just 3+ years, with potential for resale at a higher value in the future.
6. Selling business including the brand name, management team, operations, clientele database, and suppliers.
Please get in touch for more details on this sound investment opportunity that is hard to come by.