Businesses For Sale in SingaporeSingapore

Listing ID: 12794
Total Viewed: 3627
Last Refreshed: 03/01/2019

Online Alcohol Business For Sale

Woodlands

Asking Price : S$350,000

Revenue: S$50K-100K

Cash Flow: Not Disclosed

Payable: SGD50,000

Established: 2015

Gross Profit: SGD10K - 20K

Inventory: SGD100,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: SGD0

FFE: Not Disclosed

Staff: 1

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

***NOT included in asking price

Reason To Sell
short payables, long receivables
Business Description

Our business is for sale.

All set up is done, and all you need to do is to move in.

Remaining 2 years lease at $1650 per month. Alcohol license retail + wholesale renewed till early 2020.

This biz has unlimited potential. Asking for $350k + outstanding payables,  includes $100k worth of stocks and all equipment. 

We are on major online marketplaces. Monthly Revenue: Avg $65k (and growing!). That's about $780k per year. You will earn back your investment in no time! 

You have the best mix with good revenue, low staffing cost & low rental, great product pricing.

This is a capital intensive business and requires huge cash outlay for success. This is suitable for someone who loves all alcohol, (wine, spirits, beer)

We are selling due to cashflow issues and it is increasingly difficult to support this business in cash as the business grows. We estimate that you will need at least $200k in cash to maintain the business. Payables are 0 to 30 days while receivables are 14 to 75 days. We sell only to reliable customers (large corporates) who will pay eventually. 

So, if it has always been your dream to own an alcohol business, what are you waiting for? This is a mid term investment that will proof to be fruitful and rewarding. We have done all the hard work till now. Please help to make our effort worthwhile.

For genuines buyers only. Full takeover only. We are not considering part investments / silent investors. The asking price is more or less non negotiable. 

Business Operations
Business Hour:
9am to 7pm
Staff:
1 Local
Property Information
Premise Status:
Rent
Premise Size:
1300sqft
Rental Fee:
SGD1,650
Rental Deposit:
SGD3,300 (NOT included in selling price)
Lease Term:
3
Premises Detai:
B1 warehouse / office
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Stocks valued at $100k
Competition:
low margins, highly competitive sellers online. long credit period.
Expansion Potential:
business is growing. good client base.

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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