Businesses For Sale in SingaporeSingapore

Listing ID: 3926
Total Viewed: 3549
Last Refreshed: 19/09/2018

Bridal / Wedding Shop For Sale

Central Area

Asking Price : SGD45,000

Revenue: SGD100K - 200K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 5

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

***NOT included in asking price

Reason To Sell
Owner is starting a family in a few months time
Business Description

Bridal Shop for sale

Company profile: 
– The company has been around for 4 years now. We deal with wedding packages; photography, videography, makeup and hairdo, as well as rental and sale of wedding dresses.
– The business is located within a hotel, nicely decorated and accessible. We do get quite a bit of walk-ins from the guests staying around. 
– Lease of business is until Sept, so it will be a perfect chance for you to try out and see if the business is suitable for you. Landlord is a extremely nice guy, and he is ok with extending the lease to 1 year if preferred. 

– We have built up two brands under us :
1. One focuses on rental of mother’s gowns; D&D gowns, and evening gowns. This brand is SEO focused and we’re page 1 on google when you key in ‘evening dress rental’. 
2. The other brand focuses on wedding packages. It targets brides who are looking for pre-wedding and wedding day packages. This brand is just done up last year.

– Items included in the sale:
1. Facebook page with over 90k likes. 
2. 1 Webpage that is ranked 1st page under google search engine.
3. 1 Webpage that is newly built half a year ago.
4. Instagram page with more than 1k followers
5. Renovated studio that cost us around 40k. 
6. Phone number & internet line all set up 

7. Gowns, suits, contacts to make your purchase functionable immediately

Business Operations
Business Hour:
11am - 8pm
Preferred Skills:
interest in wedding industry
Supporting and Training:
available on request
Staff:
1 Local, 4 Part Time
Property Information
Premise Status:
Rent
Premise Size:
700sqft
Rental Fee:
SGD4,500
Rental Deposit:
SGD4,500 (NOT included in selling price)
Lease Term:
4 months left, able to extend to 1 or 2 years if preferred
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Facilities:
POS, websites, phonelines, all included

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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