Excellent Side Business:
• Very low takeover fees
• Positive net profit for YA 2018 with audited financial statements to prove.
• Very affordable rent, payable to HDB directly.
• Low reliance on manpower.
• $900 to $1000 daily sales
• Liquor and cigarette licensed
• Zero debt
• Inventory will be verified and valued upon takeover.
Perfect Foot Traffic Attributes:
• Huge Indian household demographics due to attractiveness of neighbourhood to Indian expatriates for its proximity to Little India.
• Open air carpark right in front of shop space; No restrictions to customers stopping vehicle and patronising.
• Good student foot traffic as shop is between main road and Singapore Examination and Assessment Board, Kallang Basin Swimming Complex.
• MOM Services Centre users usually park at shop's carpark due to cheaper parking charges and walk to Centre, passing by shop.
• Within foot traffic of Geylang Bahru Station. MRT Station users are mainly MOM Services Centre users and staffs who will walk to MOM Services Centre from Geylang Bahru Station.
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