Businesses For Sale in SingaporeSingapore

Listing ID: 4743
Total Viewed: 5754
Last Refreshed: 19/09/2018

Profitable Designer Ladies Fashion Business - Asia Division

Central Area

Asking Price : SGD480,000

Revenue: SGD20K - 50K

Cash Flow: SGD5K - 10K

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD20K - 50K

Inventory: SGD350,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD10K - 20K

Liability: Not Disclosed

FFE: SGD20,000

Staff: 3

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

***NOT included in asking price

Reason To Sell
Setting up International Division
Business Description

Serious buyers to take-over existing designer ladies fashion business ASIA division.  Unique brand with quality ranges.  Existing store & e-commerce with NET $20-30K/mnth, staff, fittings, equipment and current stock (sales value over $350K).  Seller will assist new owner to set-up more stores for six months after take-over and continue to design/manufacture future ranges if required.  

Business Operations
Business Hour:
11:00-18:00 (for staff depending on shopping mall hours)
Preferred Skills:
Business or retail background, but Seller will provide all training
Supporting and Training:
Will assist buyer for 6 months hand-over, training, open more stores, fit out, merchandising, staff, training, etc. Seller will continue design/manufacturing for International divisions and also assist/supply buyer with designer ranges for ASIA division for as long as required. (operating ASIA independently).
Staff:
2 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
409sqft
Rental Fee:
SGD400
Rental Deposit:
SGD200 (NOT included in selling price)
Lease Term:
3 months renewable
Premises Detai:
Ground Level shop in four level newly refurbished Havelock II shopping mall in central area. Hotel guests, working clients, existing client base, shop/warehouse
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Facilities:
Unique and sort after brand, story line. Products quality, leather, health benefits, designer ranges at affordable prices. Matching garments, shoes, bags - increased sales. Huge growth potential.
Competition:
Charles & Keith, Cotton On, H&M (known/similar brands but cannot match Foxtrot's quality and price ranges)
Expansion Potential:
Already stores in place and three more (currently on hold) ready to assist new buyer with occupation in Singapore. Existing demands in Malaysia, China (large buying power) and expansion in overall ASIA.

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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