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Listing Id: 32446 Last Refreshed: 24/07/2024 Total Views: 2715

Nett Profit Of $2Million - $3Million Annually Reputable Dance Club & KTV For Sale

Central AreaNightclubs
Asking Price: S$4,000,000
Business For Takeover
Look For Investor
Look For Partner
Jackie
Email Owner

Overview

  • Premise Type Commercial Street
  • Premise Size 6000 sqft / 557 sqm
  • Monthly Rental S$30,000
  • Rental Desposit S$60,000
  • Revenue S$500K-1M
  • Liability N/A
  • Gross Profit S$200K - 500K
  • Net Profit S$200K - 500K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 19
  • Established 2022
  • Source Direct Seller

Reason For Sale

Change of Trade

Description

ICONIC Dance Club and KTV for Sale, Profitable and central location. Shareholder looking to exit from the business hence we are selling it off.
Annual Turn over $6million - $8million
Annual Nett Profit $2million - $4million
Fully Operated no changes need to be made, branding and staff will be retain to continue with the existing operation.

Business Operation

Fully Renovated and operational ready
Facilities
currently the leading local dance club and KTV in singapore upkeeping the branding and continous events will be sufficient to maintain existing sales amount
Competition
Overseas expansion is possible
Expansion Potential

Property Information

Rent
Premise Status
2years
Lease Term
Yes, it can relocate to other place
Relocatable
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