Businesses For Sale in SingaporeSingapore

Listing ID: 4025
Total Viewed: 15206
Last Refreshed: 03/01/2019

Franchise : Online Ecommerce For Contact Lens And Spectacles

Central Area

Asking Price : SGD8,000

Revenue: Above SGD1M

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2009

Gross Profit: Above SGD1M

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Expansion for IPO Purposes
Business Description

Can you totally believe that while Lazada / Alibaba / Amazon conquers Ecommerce there is 1 sector that they all cannot sell online?

Do you know that this sector of industry is projected to be a global market size of 140billion and a Singapore worth of 400m?

Have you missed out on the earlier gold rush of Ecommerce?

What sector is that? That lazada and ecommerce platform cannot conquer?

It is the spectacles and contact lens industry. By law, normal ecommerce platforms without the necessary licenses cannot sell them online, as these spectacles and contact lens are considered medical devices.

Now Optometrist Asia has built a platform with optometrists and willing to partner with talented entrepreneurs such as yourselves to conquer the market together. Get the customers and let us worry about the backend logistic support!

One trade secret, the spectacle and contact lens actually has tremendous profits which is unknown to people outside the market (> 90% of the revenue is gross profit). 

Property Information
Premise Status:
Other Information
First of its kind. Cannot be contested by other online offers, for so far the rest of them do not possess Optometrist certifications.
Expansion Potential:
All over Southeast Asia.

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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