Singapore

Sell a Business

Listing ID: 2875 Last Refreshed: 24/04/2019 Total Views: 10900

Records and Music Shop with Online Shop for Sale!

Central Area

Asking Price: S$150,000
  • Premise Type N/A Premise Size 300sqft
  • Monthly Rental S$1,200 Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow N/A
  • Gross Profit S$100K - 200K Net Profit S$100K - 200K
  • Stock S$150,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$50,000*** Established 2012
  • Owner Role Investor Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Eugene Ow Yong Seng Cho
Email Owner

Reason For Sale

Good timing with lots of future expansion.

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 Operation

      12pm - 8pm
      Business Hour

      Property Information

      Rent
      Premise Status
      Located at The Adelphi, heart of Hi Fi and music hub in Singapore.
      Premises Details
      Yes, it can relocate to other place
      Relocatable
      Email Owner
      Your Name*
      Mobile Number*
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