Singapore  Singapore

Sell a Business

Listing ID: 4493 Last Refreshed: 07/05/2019 Total Views: 8723

Highly Profitable Electric Scooter Retailer Looking For Investors

Woodlands

Asking Price: Available On Request
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue > S$1M Cash Flow N/A
  • Gross Profit S$500K-1M Net Profit N/A
  • Stock S$200,000 Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2015
  • Owner Role Full Time Staff 16
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
tan
Email Owner

Reason For Sale

not selling, looking for partner

Description

We are an online distributor of electric scooters, we have been in business for over 3 years


We are GST registered (> 1 million in revenue last year)


Selling electric scooters in singapore can be very profitable but also complicated


We have seen good profits over the years but also had a fair share of issues (e.g. scooter repair, modifications, replacement of parts, bringing in the right models, etc.)


We have our own warehouse, workshop area, tools, spare parts (for limited ,models), technician and website

We have around 12 dealers with physical shops in Singapore


We are looking for partners who believe in the future of electric vehicles and willing to invest for the future


Our strength lies in our online brand, online and offline distribution channels 



Note: if you're keen you can let us know your background and how you think you can contribute (we would prefer if you provide more info about yourself)

Property Information

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