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Listing ID: 2457 Total Viewed: 1968

Famous Novelty Shop Business In Orchard Area Shopping Mall For Takeover

Central Area, Singapore

Asking Price : SGD220,000

Revenue: SGD200K - 500K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2006

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 8

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

Reason To Sell
Focusing all my time on a new business which I had just embarked on.
Business 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 Operations
Business Hour:
11am - 10pm
Preferred Skills:
In retail industry or relevant business experience preferred.
Supporting and Training:
Training and support will be provided upon takeover
2 Local, 2 Foreigners, 4 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD18,000 (NOT included in selling price)
Lease Term:
3 + 3
Premises Detai:
Fully renovated and fitted from bare unit.
Yes, it can relocate to other place
Other Information
Very niche market. Only a few players in the local market.
Expansion Potential:
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)

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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