Singapore  Singapore

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Listing ID: 16617 Last Refreshed: 29/07/2019 6123 Views

Taking Over Existing Profitable Mall Shop Business And Rental

Asking Price <span class='currency'>S$</span>12,000

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$9,500

Operations & Ownership

Owner Role
Full Time

Property Information

Premise Status
Rent
Premise Type
Shopping Mall
Rental Deposit
S$30,000

Operations & Growth

Reason For Sale

Owner has to return back to home country urgently

Description

#Exclusive Agent#

 

*621 sq ft Retail Shop at Bedok Mall

*High Foot Fall/ Foot Traffic every day/ night

*Taking Over/ Assignment of existing  children's playground business in one of the most popular malls in Singapore.

*Lease till Sep 2020 / extension subject to landlord's approval.


*Taking over fee = 12,000  including renovation, existing playground facilities and inventory. Negotiable

* Profitable business.

*Rental :9500 /month + GST+ 1% GTO

*Assignment fee = 12k

* Children playground business has affiliated  partnership with another outlet in Punggol WaterWay Point too.

*No competitor doing same business in the mall or neighbourhood. Closet ones are in Katong and Downtown East. 

Huge potential upside in revenue. 

*Handing over period

* Owner need to return back to home country urgently..

*Excellent chance to take over an existing profitable business or rent a mall retail shop space.

*Do not need to start a brand new business, or spend lots of money on renovation now!


92386598 
TONY EYU 
PROPNEX


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