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Listing Id: 13207 Last Refreshed: 29/05/2024 27913 Views

[June 2024] Profitable Claw Machine For Sales in Central Area! Passive Income!

Asking Price S$80,000(Neg.)
Central Area Amusement Arcades Toy Shops Retail Businesses
Business For Takeover

Overview

Financial Performance

Quarterly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,600

Business Operations & Assets

Staff
1 Employees
Year of Incorporation
2021
Owner Role
Part Time
Premise Type
Shopping Mall
Premise Size
775 sqft / 72 sqm
Rental Deposit
S$10,830
Premises Details
Currently is leased till end of 2024.

Business Details

Reason For Sale

Focus on new business venture

Description

The company was establish in around 2021 with around 20 claw machines.
After 1 year, we had successfully relocated to a larger premise which able to fit more than 40 claw machines.

Ideal for entrepreneurs or even as a side hustle:
•Low capital outlay
•Low maintenance business
•Fixed lease negotiated

What to expect:
- More than 40 claw machines with 2 token machines
- Smart QR payment system in-placed to allow various type of payment such as PayNow / PayLah
- Unmanned Claw Machines which can operate with minimum operating cost
- Premises CCTV to monitor store 24/7 with no subscriptions required
- Regular maintenance and restocking of prizes are necessary to keep the machines in good working condition and to maintain customer interest

Fast Breakeven or further expansion estimated with around 1 - 2 years of operation

Facilities

More than 40 claw machines, 2 token machines, premise CCTVs

Expansion Potential

Around 70% of the current store is occupied.
Possible to bring in more machines for better income.

Buyer Support & Terms

Support and Training

Full support and training will be provided to ensure a smooth takeover.

Background & Skills

No specific skills are required.
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