Businesses For Sale in SingaporeSingapore

Listing ID: 2875
Total Viewed: 5875
Last Refreshed: 19/09/2018

Records and Music Shop with Online Shop for Sale!

Central Area

Asking Price : SGD150,000

Revenue: SGD200K - 500K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD100K - 200K

Inventory: SGD150,000

Receivable: Not Disclosed

Owner Role: Investor

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD50,000

Staff: 5

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

Reason To Sell
Good timing with lots of future expansion.
Business Description

Located at The Adelphi, the heartland of Hi-Fi and music related goods and services.  

      Vinyl records ranging from Evergreens, 80's, 90's, Jazz, Pop, Rock, Soundtrack, Indie etc. 
      Also sells video players, video tapes, CDs, Record Accessories etc.

      Music Online Portal : 
      Online Shop, Vinyl News, Event News, Music News, New Arrivals, Music Portal in Singapore.

      Over 3,000 active membership card holders, over 10,000 newsletter subscribers, over 62,000 followers on social media.

      High growth potential and unique branding with franchise options.

      Standard processes in place for easy, immediate take-over.

      Selling with existing Stocks, Rental Lease, Customers Base, Suppliers' Contacts (from USA, Germany, Austria, Holland), Customer Data Base, Online Shop, Hi Fi Equipment, Speakers, POS Machine, Bar Code Printer, Company Desktop, Printer, CCTV and Furniture etc.

      Owner will assist in smooth transition.


      Business Operations
      Business Hour:
      12pm - 8pm
      Staff:
      2 Local, 3 Part Time
      Property Information
      Premise Status:
      Rent
      Premise Size:
      300sqft
      Rental Fee:
      SGD1,200
      Rental Deposit:
      SGD2,400 (included in selling price)
      Premises Detai:
      Located at The Adelphi, heart of Hi Fi and music hub in Singapore.
      Relocatable:
      Yes, it can relocate to other place

      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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