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Highly Profitable Hardware Provision Shop

S$1,600,000

Enquiry

Call now for discussions

+65 6356 9138

Description

A rare chance to own a profitable and RENT-FREE hardware shop that comes with TWO 2-storeys Assignment-Shop House in a mature neighbourhood. The 2X second floor living quarters are rented at $4500/month, which cover 100% of HDB rent, giving you a free space to operate your business.

This iconic profitable hardware business has a revenue of $1.1 million with 25% fantastic net profit.

The shop-house units are renovated. Renovation and stocks are worth $500,000. The sale of the business includes all-stocks, existing customers, supplier lists, employees and assignment of 2 HDB shop-houses.

Do not miss this exceptional opportunity!

Price

S$1,600,000

Location

Convenient and central, near MRT and buses

Revenue

S$ 1,100,000

Net Profit

25%

Company Type

Sole Proprietor

GST Registered

No

Years In Business

30

Why Did We Set Up

Everybody needs provision

Owners Role

Managing the business

Owners Background

Businessperson

Our Achievement

Lots and lots of regular customers

Our Customer

Everybody

Our Competitor

None in the same neighbourhood

Manager

1

Full-Time

6

Part-Time

0

Premise Size

1500sf

Lease Term

3 years, auto renewal with HDB

Rental

S$4,500

Trading Hours

8am - 8pm

Relocatable

No

Reasons For Selling

To retire

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes