Sports Toto, License For Sale
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 Oct 1 2018, 03:38 PM, updated 8y ago
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#1
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Newbie
0 posts Joined: Sep 2018 
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Sports Toto License for sale. Price at RM700K. Stock & barrel. Also can relocate. Kuala Lumpur Area. Owner retiring. For further details, please PM me. Thank you
This post has been edited by Johnny Loh: Oct 23 2018, 06:51 PM |
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Oct 5 2018, 08:52 PM
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#2
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Newbie
0 posts Joined: Jul 2018
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pm detail please.
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Oct 8 2018, 04:07 PM
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#3
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Newbie
0 posts Joined: Sep 2018
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QUOTE(wyman123 @ Oct 5 2018, 09:52 PM) pm detail please. Current license operating at Sungai Besi. Present outlet rental is RM5K per month Allowed to relocate to Jalan Tunku Abdul Rahman, Cheras, Pandan, Bandar Tun Razak, Ampang & Sungai Besi area but renovation will be on yoor own cost. Selling price at RM950K (nego) included cash deposit of RM50K but excluding bank guarantee of RM22K. Price including stock & barrel The price is not including transfer fee & processing fee that chargetable by Sports Toto & MOF Owner will assist with the transfering & other transactions Reasons of transfering is that the owner is retiring Genuine buyer only Interest whatsapp me at 017 878 7908 |
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Oct 16 2018, 12:02 AM
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#4
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Senior Member
2,508 posts Joined: Jun 2009
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What will be the past year record return?
Also why need the bank guarantee for this transaction? |
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Nov 1 2018, 10:15 PM
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#5
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Newbie
1 posts Joined: Jul 2013
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still available ..?
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Nov 10 2018, 09:06 AM
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#6
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Newbie
0 posts Joined: Sep 2018
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QUOTE(akools @ Nov 1 2018, 11:15 PM) still available ..? Yes. Still available |
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Nov 23 2018, 01:19 AM
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#7
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Junior Member
33 posts Joined: Jan 2013
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PM ME
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Nov 23 2018, 05:55 PM
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#8
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Newbie
0 posts Joined: Sep 2018
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QUOTE(kschai_96 @ Nov 23 2018, 02:19 AM) PM ME Current license operating at Sungai Besi. Present outlet rental is RM5K per month.Allow to relocate to Jalan Tunku Abdul Rahman, Cheras, Pandan, Bandar Tun Razak, Ampang & Sungai Besi area but renovation will be on your own cost. Selling price at RM700k included cash deposit of RM50K but excluding bank guarantee of RM22K. Price including stock & barrel The price is not including transfer fee & processing fee that chargeable by Sports Toto & MOF. The last time the owner did the transfer its cost him only RM15K. (Transfer from the father to son) Staff salaries about total of RM5K per month. 1 full time staff & 3 part timer staffs Utilities expenses around RM350 per month Sales collection a. Wednesday – RM1K to RM2K b. Weekend (Sat & Sun) – RM2.8K to RM3.5K (each day) c. Special draw - RM2.5K to RM2.8K Sales commission – 5% to 7% License – yearly renewable. RM5K per year. No limit of years Owner will assist with the transferring & other transactions Reasons of transferring is that the owner is not interested to run it because the reason the business is not making much profit. He got other bigger business to run. This post has been edited by Johnny Loh: Nov 23 2018, 05:55 PM |
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Nov 30 2020, 12:47 AM
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#9
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Senior Member
1,193 posts Joined: Nov 2008 From: Cheras 
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QUOTE(Johnny Loh @ Nov 23 2018, 05:55 PM) Current license operating at Sungai Besi. Present outlet rental is RM5K per month. can share what is the "transfer fee & processing fee" that chargeable by Sports Toto & MOF. how is these fees determined?Allow to relocate to Jalan Tunku Abdul Rahman, Cheras, Pandan, Bandar Tun Razak, Ampang & Sungai Besi area but renovation will be on your own cost. Selling price at RM700k included cash deposit of RM50K but excluding bank guarantee of RM22K. Price including stock & barrel The price is not including transfer fee & processing fee that chargeable by Sports Toto & MOF. The last time the owner did the transfer its cost him only RM15K. (Transfer from the father to son) Staff salaries about total of RM5K per month. 1 full time staff & 3 part timer staffs Utilities expenses around RM350 per month Sales collection a. Wednesday – RM1K to RM2K b. Weekend (Sat & Sun) – RM2.8K to RM3.5K (each day) c. Special draw - RM2.5K to RM2.8K Sales commission – 5% to 7% License – yearly renewable. RM5K per year. No limit of years Owner will assist with the transferring & other transactions Reasons of transferring is that the owner is not interested to run it because the reason the business is not making much profit. He got other bigger business to run. |
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