Singapore  Singapore

Sell a Business

Listing ID: 12794 Last Refreshed: 07/05/2019 Total Views: 6119

Online Alcohol Business For Sale

Woodlands

Asking Price: S$350,000
  • Premise Type N/A Premise Size 1300sqft
  • Monthly Rental S$1,650 Rental Desposit S$3,300
  • Revenue S$50K - 100K Cash Flow N/A
  • Gross Profit S$10K - 20K Net Profit S$5K - 10K
  • Stock S$100,000*** Liability S$0***
  • Payable S$50,000*** Receivable N/A
  • FFE N/A Established 2015
  • Owner Role Full Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
charmaine
Email Owner

Reason For Sale

short payables, long receivables

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 Operation

9am to 7pm
Business Hour
Stocks valued at $100k
Facilities
low margins, highly competitive sellers online. long credit period.
Competition
business is growing. good client base.
Expansion Potential

Property Information

Rent
Premise Status
3
Lease Term
B1 warehouse / office
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
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