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Listing ID: 2897
Total Viewed: 2270
Last Refreshed: 01/02/2017

Bridal / wedding Business Seeking Partners Or Investors

Singapore

Asking Price : Under SGD50K

Revenue: SGD100K - 200K

Cash Flow: SGD10K - 20K

Payable: Not Disclosed

Established: 2010

Gross Profit: SGD50K - 100K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
Expansion
Business Description

Hi, my wedding studio is around five years old now. It is running very steadily and smoothly, but I think it is time to grow the business further. 


Currently, we do wedding packages with gowns, photography, makeup services and videography. We have an active facebook page with near seven thousand of followers, a functional website and studio. 


I am looking for silent partner or investors:

- You will not interfere with how I run the business. You will come out with the capital, and I will be in charge of hiring and advertising. The business worked because of how I run it. So if you are intending to run it like a dictator, you probably shoud buy the entire business instead. 


For silent partners (You do not have to do anything in the business, I will pass you whichever profit made every year according to %)

- S$35k per 10% stake (Realistically, this would take you around 3-5 years to break even. Unless something bad happens and no one wants to get married suddenly.)

- You are allowed to sell your stake to whoever interested anytime, as long as he/she is a be a credible person. Eg if you handed me 35k today, and your friends wants to buy from u at 20k per 5% tomorrow, u earn 5k in 1 day.


For investors that do not want a stake, but looking for returns only:

- 25k minimum investments for 5% returns per year (1k per year). 

- You have to keep your investments with us for 2 years minimum; and 5 years maximum. You could get your 10k investments back during the first year, and the balance from second year onwards. For example, you invested 50k in us, and on the 5th year, you decided to withdraw all your investments. That would give you 50K (your initial investment) + 12.5K = 62.5k. 

- This is a lot higher than you storing your money in the bank or buy insurance. Because your bank will only pay you far below 1%, while other insurance related funds only gives you 2 - 4% max. 

- So this option has absolutely no risk at all. 


I consider the rates above very reasonable. This business is very safe and steady, unlike you purchasing a new business, you are investing in a owner that knows the industry and has proven success. You are not putting down a lum sum to enter a new business that you don't understand, or risk to lose everything. For that reason, I am not interested in anything lower than the above sums. 


Please contact me with your contact number if you are interested!! If you are keen on purchasing the entire business, I am open too, but you have to be credible. I built my business based on integrity, and I have to make sure that my clients are in good hands. 

Property Information
Premise Status:
Rent
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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