Singapore  Singapore

Sell a Business

Listing ID: 2457 Last Refreshed: 07/05/2019 Total Views: 12843

Famous Novelty Shop Business In Orchard Area Shopping Mall For Takeover

Central Area

Asking Price: S$220,000
Famous Novelty Shop Business In Orchard Area Shopping Mall For Takeover
  • Premise Type N/A Premise Size 300sqft
  • Monthly Rental S$6,800 Rental Desposit S$18,000
  • Revenue S$200K - 500K Cash Flow S$20K - 50K
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2006
  • Owner Role Part Time Staff 6
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Kenneth
Email Owner

Reason For Sale

Focusing all my time on a new business which I had just embarked on.

Description

A business that I have been running for more than 10 years. It's time to move it on to the next generation where they can bring it to the next level. It is a fully stocked business with very high profit margins. 


Sale will also include it's fully functional ecommerce website platform. 


Business will include the takeover of business with full fittings , all existing stocks (excluding rental deposit ). Shop is in an upscale mall. Our target market includes teenager and tourists. 



Business Operation

11am - 10pm
Business Hour
Very niche market. Only a few players in the local market.
Competition
Just expanded with another unit at prominent location. Price include this unit as well. (Paid more than $50,000 for this unit take over fees alone)
Expansion Potential
Training and support will be provided upon takeover
Supporting and Training
In retail industry or relevant business experience preferred.
Background & Skills

Property Information

Rent
Premise Status
3 + 3
Lease Term
Fully renovated and fitted from bare unit.
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

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