Singapore  Singapore

Sell a Business

Listing ID: 4353 Last Refreshed: 07/05/2019 Total Views: 19722

Divesting 20% Stocks - Leading Photography E-Commerce Company

Central Area

Asking Price: S$50,000
Divesting 20% Stocks - Leading Photography E-Commerce Company
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$500K-1M Cash Flow S$500K-1M
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Part Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Tony
Email Owner

Reason For Sale

Original owner to pursue other interests overseas

Description

Founded in 2011, the business was started as a sole proprietorship. Using an online e-commerce platform and with active engagement in social media, it has attracted popularity among customers locally and has grown over the years until the owner found a new business partner last year and turned the business into a new private limited company with more ambitious expansion plans.


Original owner now wants to pursue other interests overseas for personal reasons and is currently looking to sell off his 20% stake.


What’s in store for you as a new investor?

1) Huge potential for future growth in digital / electronics market, one of the fastest growing sector in SE Asia

2) Company has a strong presence in Singapore e-commerce industry and social media (with top website ranking in Google and over 34,700+ followers in Facebook)

3) Company is in expansion mode with plans to further grow the business locally and into SE Asia & beyond


Suitable buyer could be those with a long term vision with potential to be elected as Managing Director to build a stronger company and bring the business to the next level.

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