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Listing Id: 3607 Last Refreshed: 07/05/2019 Total Views: 8818

Technology Platform: On-Demand Housekeeping (Singapore & Hong Kong) S$500K Rev Fy2016

SingaporeLaundries
Asking Price: S$190,000
Business For Takeover
Look For Investor
Look For Partner
ken yee liew
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue S$500,000
  • Liability N/A
  • Gross Profit S$125,000
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 0
  • Established 2014
  • Source Direct Seller

Reason For Sale

Various

Description

[Kindly provide mobile number for follow up]

[Focus]
Singapore & Hong Kong
Residential & Commercial
Working Professionals & Parents, Busy Expats, Office Managers, Property Managers (i.e. home and office owners and managers with high buying intent)

[Channels]
SEO (Ranks 1st & 2nd for multiple relevant keywords)
SEM (Above industry clickthrough rates)
PR Mentions (The Straits Times, WanBao, The New Paper, MyPaper, TheExpat.com, and more)
Features (Mother bloggers, Radio Stations, Online publications)
Partnerships (Various with industry leading commercial companies)

[Financials]
500K Turnover FY2016
25% Gross Margin
10%++ Profit Margin

[Assets]
Customers > 3,000
Housekeepers (>100 active) and > 1,000 signups yet to interview

[Notes]
Profit margins can be higher:
1. If you run the operations yourself (we currently pay out salaries to Full-time equivalent Managers)
2. In FY2016 , sizeable investment was made in Hong Kong, but yet to realise full potential.

Apart from buying a profitable operation, you are buying a company that enables more than 200+ service providers become more financially independent, allowing many of them to make ends meet, support their families and even fund their children's education. This company's flexible job creation process for the community is an aspect of the business that is making a positive social impact in the society.

We are a registered company. Looking for dedicated people to run the business. Serious buyers kindly provide mobile number for follow up

Business Operation

We are a registered company. Looking for dedicated people to run the business. Serious buyers kindly provide mobile number for follow up.
Background & Skills
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