Businesses For Sale in SingaporeSingapore

Listing ID: 239
Total Viewed: 13490
Last Refreshed: 03/01/2019

Glass Art Studio for Sale


Asking Price : SGD220,000

Revenue: SGD10K - 20K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1989

Gross Profit: SGD5K - 10K

Inventory: SGD50,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: SGD0***

FFE: Not Disclosed

Staff: 4

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

***NOT included in asking price

Reason To Sell
Retirement, Change of Trade
Business Description

1) Company Profile - Established in 1989, our sole purpose is in the restoration, commissions, projects and education of Glass Art and its forms - Stained Glass, Glass Mosaic, Glass Fusing. 

2) Core Businesses :-
a) Commission Jobs - Stained Glass, Fused Glass Commissioned Installations for Corporate, Instituitional & Residential.
b) Instruction - Glass Art Classes - Stained Glass, Glass Mosaic, Glass Fusing, Glass Painting for Schools, Clubs & In-house (we have a student base of 1500+ and the only Studio authorised by the National Arts Council to conduct these courses for all Schools in Singapore from Primary to Junior College level)
c) Retail - Full Range of Glass Art Supplies, Tools, Equipment & Materials to Student Base and Schools.

3) Profit Margin
Our profit margin in this industry for our core businesses ranges from 50% to 200%

4) Financial Track Record
Since establishment in 1989, we have consistently achieved year-on-year Profit and maintained a debt-free status throughout

5) Goodwill & Reputation
Through our years of operations, we have garnered a reputation for creative designs, quality workmanship & professional conduct among Architectural, Construction &  Interior Design circles.

In the education sector, we are well-known for our expertise in the Glass Arts among Schools, Students & the General Public. (Pls refer to our press clippings as attached)

Overall, we have a good list of contracts from Vendors, Customers, Consultants, Students and a positive public image their our press & TV publicity.

6) Sale of Business & Transfer of Interests
Ideally, we would like to sell our business to a similiarly inclined party who shares our values of quality, professionalism & artistic integrity. It is our intention to transfer all interests of our business to the eventual owner, whilst ensuring a smooth transfer and maintenance of the company's goodwill and reputation thru to the new owner.

To this end, our package for the sale of this business also includes our Professional Consultation to assist in the Technical & Commercial aspects of the transfer.

Business Operations
Supporting and Training:
3 months
2 Local, 2 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Lease Term:
7 months lease expire in February-2014

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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