Singapore  Singapore

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Listing Id: 3682 Last Refreshed: 07/05/2019 Total Views: 15036

(Sold) Reputable 27 Year Old Party Business For Sale

Central AreaGift ShopsToy Shops
Asking Price: S$50K - 100K
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size 2000 sqft / 186 sqm
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$100K - 200K Liability N/A
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock S$200,000*** FFE S$10,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 2
  • Established 1990 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price
Dark Yeo

Reason For Sale

Retiring Directors and Personal Commitment

Description

Yeo GM Trading has been around since the 1990s, a veteran in the Party & Festive decorations retail and wholesale industry.
Recently renamed Juz My Party, the legacy lives on.

Our customers have been with us throughout the years, from Blanco Court, to Chinatown, Rochor, and eventually back in Chinatown.
Customer base includes Hotel Chains, Restaurant & Groups, Bars & Pubs, MCST, down to the thousands of retail members.

Employees have served us for years and are very experienced, and familiar with the business processes.
There are also countless positive reviews from customers, some of whom we have known for decades.

Its a pity to let this business go, but due to retiring directors, and other personal commitment,
we have chosen to allow this business to continue its presence with a new management team.

Sale includes Inventory going at a fraction of cost, continued tenancy in the existing retail front,
experienced employees, existing point of sales and websites, supplier contacts.
Warehouse rental is optional for seamless transfer.

Any interested party are welcome, and succession plans may be negotiated.

Business Operation

10am - 5pm
Business Hour
Existing PCs, POS, Website.
Facilities
Retail party & festive decoration shops
Competition
May expand to include our events and wedding planning partners.
Expansion Potential
All business procurement and suppliers list, along with overseas suppliers will be provided. Directors will continue to give advice.
Support and Training

Property Information

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