Singapore

Sell a Business

Listing ID: 4683 Last Refreshed: 24/04/2019 Total Views: 19359

Profitable Wholesale Retail Business For Sale

Bukit Timah

Asking Price: S$400,000
Profitable Wholesale Retail Business For Sale
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow S$200K - 500K
  • Gross Profit S$200K - 500K Net Profit S$100K - 200K
  • Stock S$25,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2013
  • Owner Role Part Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Josephine
Email Owner

Reason For Sale

Moving overseas

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 Operation

ad-hoc
Business Hour
No rental costs / staff costs All client orders are paid in advance with guaranteed income.
Facilities
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.
Competition
- 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.
Expansion Potential
Sales and a love of homewares and furniture
Background & Skills

Property Information

Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

Supporting Document

Email Owner
Your Name*
Mobile Number*
Email*
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