Description
** Business has been in hiatus for past 2yrs +, no revenue during this period. Past years revenue can be provided as reference
- primary business is the rental of capsule toy machines (mostly renting of machines with empty capsule balls for customers' events, clients can put in lucky draw slips or other items. also provide capsule toys for sale if customers need capsule toys with the rental of machines)
- for sale (assets and ip) without premises (currently only renting a small industrial space for storage of the capsule toy machines)
- established over 10 years, all sales come in through the business websites/email/repeated customers which are included in the sale, contact details of clientele is included in the sale
- Assets include mainly >15 working capsule toy machines with additional 10+ spare machines without complete parts, spare parts, some empty capsule ball stock (>500pcs), tokens (>1000), will throw in some old capsule toy stock (gun toys, some disney gashapons and some old anime gashapons)
- business model is generally profitable (no need to bring in and keep stocks frequently since it's a rental business, mostly only need to stock up empty capsule balls)
- website can be searched easily in google
- few competitors in this industry
- low maintenance cost
- we mainly rent one type of toy capsule machines (as per pictures), machines are not battery operated
- high profit margin
- has clientele contacts with brands including Ding Tai Fung, Etude House and Wing Tai Asia
- Currently operating as a registered sole proprietorship, business can be operated from any location
- will provide more photos upon request, viewing at Aljunied 623, appointment to be made
Others:
- please note machines are not new, have scratches and discoloration
- potential to build upon this business with rental of other entertainment machines or related services
- owner has other business avenues and wants to focus on another business, has no time to build on this business in recent years, hence wants to let go at a cheap price
*current owner is not active in this business from 2020 due to covid and managing other business, however sale enquires are starting to come in this year due to economy opening up, owner not able to manage these and hence wants to let go at a cheap price
*office space is not included in sale, new owner needs to find his own office space
United States