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Listing ID: 2676 Total Viewed: 1853

Lucrative Bridal Boutique For Sale

Central Area, Singapore

Asking Price : SGD350,000

Revenue: SGD500,000

Cash Flow: SGD200K - 500K

Payable: SGD10,000***

Established: 2009

Gross Profit: SGD200K - 500K

Inventory: SGD50,000

Receivable: SGD60,000

Owner Role: Investor

Net Profit: SGD250,000

Liability: Not Disclosed

FFE: SGD50,000

Staff: 6

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

***NOT included in asking price

Reason To Sell
Reinvestment
Business Description

Mid-high end bridal boutique renting/ selling international designer gowns and bespoke services.

Established 7 years

Google Singapore page one ranking 

High customer satisfaction level with high referral rate

Visits is by appointments only

Ample opportunities for expansion.

Boutique recently expanded and renovated last year.

Skilled, reliable and indenpendent staff 


Average First Quarter 2016 net profit SGD 22K per month

Average 2015 net profit, SGD 13K per month

Business Operations
Business Hour:
12-8
Preferred Skills:
Management skill. Fashion Design background is an added advantage but not necessary
Supporting and Training:
Support and training will be provided for a few months if required
Staff:
3 Local, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
1200sqft
Rental Fee:
SGD6,700
Rental Deposit:
SGD13,400 (NOT included in selling price)
Relocatable:
Yes, it can relocate to other place
Other Information
Competition:
Low
Expansion Potential:
Local and overseas
Seller Financing Available:
Yes

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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