Singapore  Singapore

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Listing Id: 25032 Total Views: 975

(Sold) Coin Operated Laundry To Let Go For *Free

Ang Mo Kio

Date Closed: 28/03/2022

Asking Price: S$5,800

Overview

  • Premise Type Neighbourhood
  • Premise Size
  • Monthly Rental S$2,250
  • Rental Desposit S$4,800***
  • Revenue Under S$5K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Not making money

Description

Let's be honest, I'm letting go of this 24/7 coin-operated laundry for free (just need to pay me the $5800 rental and utility deposit) because it is not making money. It used to be until recently someone opened another shop beside me. I estimate that the deficit is anywhere between $500 to $1500 per month. I have other businesses so I won't have time to properly do up the shop again, that's why I'm letting go.

The shop comes with 5 washers and dryers, a claw machine, and vending machine that belongs to vendors.
The shop has been around for more than 4 years.
It is located at Blk 128 Ang Mo Kio Avenue 3.
You have to register your own company as I need the entity for other use.

I hope this shop can find a new owner to give it love.

P.S If you are just enquiring for fun, please do me & yourself a favor, don't waste everybody's time.

Property Information

Rent
Premise Status

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