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10 Year Old Established Laundry Collection Point for Takeover in Bugis/Bencoolen Area

Views Date Posted
17562 April 9, 2015



Contact Seller
Description: 10 year old established laundry collection point for takeover at Bencoolen/Bugis area:

- Located within 7 mins walking distance from Bugis MRT
- 2 mins walk to future Rochor MRT Station estimated to be completed in 9 months' time
- Space can be used concurrently for other businesses without prior approval from the mall
- Steady flow of regular customers and walk-ins, mainly expat, working professionals & lots of tourist!
- Plenty of Hotels nearby but limited laundry facility especially express services
- Space can be used concurrently for other services:
Nail salon/retail fashion/convenience store/tailor alteration/moneychanger/handphone retail & repair
- Low operations maintenance
- Unit located near to the main door open to more human traffic exposure
- Self-running operation, no brainer business, so that you can concentrate on other businesses or cross sell your product to walk in laundry customers

Takeover fee of $25K (nego) includes:

- All equipment, materials, laundry & retail POS system, fixtures, aircon, laundry dryer, 2 points CCTV
- Extensive customer database with contact numbers
- Average $6.5K monthly income to fully cover your rental of $2.3K
- Remaining lease of 1 year and can be extended for another 2 + 2 years without increase of rental for more than 10 % of market rate in tenancy agreement clause
- Built in area of 237sf that come with 2 decent sizes of window display for products showcase area
- No GST & Agent Fee


Most Suitable for aspiring entrepreneurs who want to try their hand in small business but will like to have an accelerated learning process with limited risk involving in high rental cost.

please call Michael at 8428 4658 to fix appointment
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Keywords: 10 Year Old Established Laundry Collection Point for Takeover in Bugis/Bencoolen Area

For Sale By
Junior Member
 
Posts: 2
Registered: April 2015
Location: Bugis

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