Businesses For Sale in SingaporeSingapore

Listing ID: 12753
Total Viewed: 6789
Last Refreshed: 08/03/2018

Reputable And Profitable Electric Scooter E-Commerce Shop

Central Area, Singapore

Asking Price : SGD60,000

Revenue: SGD200K - 500K

Cash Flow: SGD10K - 20K

Payable: Not Disclosed

Established: 2017

Gross Profit: SGD20K - 50K

Inventory: SGD30,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

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

Reason To Sell
Going overseas to expand family business
Business Description

Currently 1 of the most profitable and unique business in Singapore, E-scooter is getting popular and popular in Singapore. There are lots of people using personal mobility devices to travel from 1 place to the other. 

People in Singapore use electric scooter for going to work, hobby, short distance travel, delivery food, leisure riding. 

looking for people to take over the business as the owner is going overseas to do business

Our business provide sales of e-scooter, repairs services, accessories and more. 

The business sell branded electric scooters, we have a reputation of selling only quality products, due to all these reasons, the business currently has 100% positive feedbacks, 0 negative feedbacks. 

We have exclusive rights to certain products, which makes it easy for the buyer as you will not have other people selling the same product.

There are a few product roadmaps that are in the works right now, everything will be shared with the buyer. 

Business has an actual shopfront, a website, facebook page (100% positive feedbacks), instagram page (targeted loyal followers), carousell page(100% good feedbacks)

You're able to run this business remotely, as long as you have 1-2 manpower (interns) at the shopfront, I can advise you on the tasks that you can delegate and the tasks that you have to hands-on. 

This business means alot to me, we have managed to scale this really quickly and my team has learnt alot through this journey, we will be able to hands on and guide the buyer on how to run this and once you have the know-hows, you can scale and expand this really quickly. 

We have overseas retail outlets sending emails to us expressing interests to distribute our products. 

The business just hit 20k monthly revenue as of this month (January).

February update - Our sales crossed 20k revenue! 

DONT MISS OUT THIS DEAL! Let us know if youre interested!

UPDATE 13 Feb - We have sold quite a few sets the past 2 weeks, kindly note that the listing price is INCLUSIVE of the inventory value, we will adjust the listing price according to our inventory value as well

UPDATE 8 March, we sold out completely, valuation will include the incoming inventory 

Business Operations
Business Hour:
11am - 830pm
1 Local, 1 Part Time
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD5,400 (included in selling price)
Lease Term:
1 year
Premises Detai:
The premise allows customers to try and test ride the scooters, it also acts as a collection/despatch point.
Home Base:
Yes, it can work at home
Other Information
Storefront, Facebook, Instagram, Carousell (1k followers, 120 positive feedbacks, 100% positive feedbacks), e-Commerce Website,
Healthy competition
Expansion Potential:
Expanding to other parts of the world. We have a few overseas retail companies expressed interest to distribute products, we will introduce it to you.
Seller Financing Available:

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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