Businesses For Sale in SingaporeSingapore

Listing ID: 4683
Total Viewed: 1495
Last Refreshed: 22/09/2017

Profitable Wholesale Retail Business For Sale

Bukit Timah, Singapore

Asking Price : SGD400,000

Revenue: SGD200K - 500K

Cash Flow: SGD200K - 500K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD200K - 500K

Inventory: SGD25,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 1

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

Reason To Sell
Moving overseas
Business Description

Profitable 4 year distribution and retail business of designer custom made furniture and homewares business for sale. Located in Singapore with sales globally. We have solid sales growth with projected income continuing to increase with huge growth potential. 


Our brand is currently sold in 4 stores throughout Singapore with further growth potential. Perfect for a hassle free take-over and existing businesses looking to expand. We currently have a dedicated following and are the only business that provides this type of custom made furniture and homewares in Singapore. 


The operational expenses are low for the company due to:

1. No present requirement for office space

2. No Shop Rental

3. Paid up Inventory delivered on arrival, no warehouse storage required


Net Profit of approximately SGD$200,000 a year. Approx Stock on Hand SGD$25,000. Asking SGD$400,000 neg.

Business Operations
Business Hour:
ad-hoc
Preferred Skills:
Sales and a love of homewares and furniture
Staff:
, 1 Part Time
Property Information
Premise Status:
Work At Home
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Facilities:
No rental costs / staff costs All client orders are paid in advance with guaranteed income.
Competition:
Few companies compete in Singapore and supply this type of homewares and furniture and none that offers custom made design. Shops that wish to offer this type of furniture / homewares in Singapore buy wholesale from us.
Expansion Potential:
- More extensive advertising of the products available - Online sales - working with more interior designers - taking the business global The company has excellent cash flow. Clients prepay the goods when placing the order, receiving income prior to payment to supplier. No receivables and liabilities are presently showing on the Balance Sheet.
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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