Listing Id: 27521
Last Refreshed: 13/12/2023
Total Views: 1749
(Expired)Super Prime Location KTV Loudge / Night Club For Takeover Or Share Enlargement Cooperation
SerangoonKTVsNightclubsPUBs
Asking Price: S$800,000(Neg.)
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$15,000
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Rental Desposit
S$45,000***
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
14
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Established
2021
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Source
Direct Seller
Reason For Sale
divestment and retirement
Description
The location is situated around the centre of serangoon road (the street with a few entertainment operators , with past 20+ years operation of KTV lounge and Night Club and suvivied through Covid Period , the URA approval is permanant . The existing business operator is looking at fully divestment of the business , they have jus renovated the place again with approx. S$300,000/- renovation cost . The monthly revenue is around S$300K -600K ，with approx. 15-16 singers, operation till 1 AM, Saturday till 2AM, newly renovated , takeover fee S$800K neg.
这间酒吧、KTV、夜总会位于实龙岗区域夜场的中心地带，过去20多年该产业一直从事娱乐行业，度过COVID期间，市区重建局永久批准夜场娱乐用途， 新装修约30万新币 ，每月约30万到60万的营业额，15-16位歌手，寻找有经验的运营者或对娱乐业感兴趣的投资人， 营业至凌晨1点，周六到凌晨2点，全新装修， 售价80万可商。
Business Operation
This is cash generated business with proper singers and customers' support , politic risk is potentailly faced .
Facilities
More traffic and customers when nearby 3 Four star hotels in full opeartion and the nearcy office building centrium square occupied.
Competition
Subdivision of licence into 2 with more singers .
Expansion Potential
Property Information
Three year (newly extented)
Lease Term
Freehold Shop Houses
Premises Details
Singapore