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Listing ID: 2533 Total Viewed: 1657

Established Well Known Car Dashcam & Accessories Online Business Up For Sale

Singapore

Asking Price : SGD200K - 500K

Revenue: SGD100K - 200K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2011

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Medical Condition
Business Description

Established well known car dashcam & accessories online business up for sale to potential genuine buyer.

 

We are active on below online platforms:

>> Qoo10 (Power Seller) - Store name: my-car-blackbox

>> Ebay - Store name: my-car-blackbox

>> Webstore - www.mycarblackbox.net

 

Flagship Product:-

> World leading and Korea No.1 dashcam brand with exclusive authorised dealership on Qoo10.sg 

> Leading motorcycle blackbox brand sole-distributor (trademarks ownership) with exclusive authorised dealership on all online platforms

> Leading vehicle Tyre Pressure Monitoring System (TPMS) brand with exclusive authorised dealership on Qoo10.sg 

 

Other Products:-

> Wifi to mobile phone reverse camera

> DIY car door projector welcome light

> LED lights

> Daytime Running Light (DRL)

> Universal exhaust muffler

...etc....

 

Though is an online business but proper office with some storage space is more appropriate for this business unless you are comfortable to have customer visiting your home if you prefers home based. This is because the customers are not restricted to online purchases only. There are many that still feels more secured to see physical product and prefer cash & carry which means higher profit margin not cutting commission to platforms. I also do installation for car dashcam at additional labour charge which is pure profit. As I only have a small office not a workshop, installation is usually done at the open carpark of my office building unless raining which will have to shift to a nearby multi-storey carpark. Or customer may also request for mobile installation at additional charges. So it will be added advantage if you have a auto workshop.


I am running a one man show, mainly sell & install car dashcam and TPMS but can earn easily $40~50k annually based on that as I have good support from distributor locally. I also owns a motorcycle blackbox brands that about 500units sold in 2015 with 2 of the largest motorcycle dealers as my dealers. Profitability 30~200% for direct sales depending on product, average profit 30~50% after platforms commission cuts if sales made via platforms. 70% of sales is via Qoo10.sg. Monthly sales of dashcam and TPMS alone (combine qty of about 30unit) on average contributes $3~4k profit after commission cuts. Around $130K sales was made in 2015 with about $70k sales was via Qoo10.sg in 2015, and gross profit earning was $47k for 2015. I am a conservative person and never intend to expand the business since I am already contented with how much I am earning. If you are ambitious, hard working and increase the products line or even expand with workers, min $100~150k annual profit earning is no problem at all.


It took me 3.5years from a freelancer to become an established online business. Being a one man show, there is only so much I can do. And sadly I do not trust having any partnership (due to bad experience) and neither do I trust hiring workers. So with my medical conditions, it is a matter of time that I can no longer handle the business like before and I do not want to see my business go wasted.


>>Individual who wants to start own business but to start from scratch will takes you years to be success - THIS IS BUSINESS IS FOR YOU!

>>Existing car audio and accessories workshop who wants to expand to online market and dealership for reputable products brand - THIS IS THE ONE FOR YOU!

>>Potential partnerships who looking to venture into dashcam and car accessories business but are clueless - THIS IS JUST WHAT YOU LOOKING FOR!


The asking price will includes:

>Transfer of business ownership (currently sole-propietor)

>Transfer of online plaforms accounts (Webstore, Qoo10, Ebay, Carousell, Gumtree)

>Transfer of paypal account

>Transfer of trademarks ownership

>Introducing of distributors, suppliers and dealers

>Training of product knowledge and dashcam installation (1month if needed)

>Guiding for usage of online platforms (1month)

>Guiding for costing/ pricing (1month)

>All existing goods

>Office premises subject to negotiation with landlord (small office but cheap rental though) or you can find your own premises


Interested party please contact 97948532 or sean.7six@yahoo.com.sg


**Note:

Do not bother to contact me at all if you are not comfortable with the asking price. If you are expecting to buy any business at very cheap price and thinking that your can breakeven in very short period without hardwork then don't bother contacting me. I am not interested to hear your bargaining. I ask for the amount I deem my business worth with it's potential for people who understand the business. The figure I am earning is the what I am comfortable with which doesn't mean it cannot make more than that. It can be 3~4times the amount if you are more ambitious.

Business Operations
Business Hour:
9.30am~6pm
Preferred Skills:
>Experience in dashcam installation and knowledge >Interest with online selling >No experience welcome, training provided
Supporting and Training:
>Introducing of distributors, suppliers and dealers >Training of product knowledge and dashcam installation (1month if needed) >Guiding for usage of online platforms (1month) >Guiding for costing/ pricing (1month)
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home

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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