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Listing ID: 2180 Total Viewed: 2486

Lamp And Lighting Wholesaler / Importer / Distributor Business For Sale

Geylang, Singapore

Asking Price : SGD500K - 1M

Revenue: Above SGD1M

Cash Flow: SGD200K - 500K

Payable: SGD198,000***

Established: 2004

Gross Profit: SGD500K-1M

Inventory: SGD761,700

Receivable: SGD36,500***

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: SGD981,900***

FFE: SGD179,200

Staff: 6

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

***NOT included in asking price

Reason To Sell
Owner has been granted a PR status and will migrate for retirement in one year time
Business Description

It has been a company philosophy that light source is the core of illumination and all lighting fixtures developments are based on innovation of light sources. With this philopsophy in mind, the company has continuously integrated all types of light sources from incandescent lamps, halogen lamps, fluorescent lamps, compact energy saving lamps to high intensity discharge lamps including recent innovation technology LED light sources under its own trademark since its establishment in 2004.

Today the company has progressed and become one of the leading brand for all types of light sources in Singapore and has also successfully developed wide range of light fixtures integrated with its own light sources to meet the vast range of lighting concepts and applications. With many years of expertise and experience, the company has transformed and diversified into the Lighting Planner business providing lighting concept and lighting solution for various kind of industries such as government agencies, MNC's, private companies and residential properties while maintaining its stable wholesale and distribution business.

Owner is willing to share his knowledge and network with the new buyer and willing to provide full management support up to six months for the buyer to get the hands on in running the business. The buyer can opt to buy only the business or the company together with the company's trademark.

Business Operations
Business Hour:
MON - FRI 8.30-18.30
Supporting and Training:
4 Local, 1 Foreigner, 1 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Premises Detai:
Yes, it can relocate to other place
Other Information
The physical assets of this business are mainly inventory, furniture and fittings as owner do not plan to sell with the premise but will leave the option open to the buyer to buy or rent the premise or relocate
The most direct competition to this business in today market is the convenient online selling platform available over the internet although it is not a real concern for our company as we have already reached the stage whereby our expertise and ideas are our selling point besides top quality of our products branding.
Expansion Potential:
Expansion potential is to expose more to the places where different layers of people and industries can learn more about the company's expertise and business concept. This maybe achieved by setting up simple lighting concept showcase road show in shopping malls or office buildings . There is also good exposure to participate in local lighting show, interior design or real estate events or exhibitions.
Seller Financing Available:
Supporting Documentation

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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