Businesses For Sale in SingaporeSingapore

Listing ID: 5348
Total Viewed: 4674
Last Refreshed: 19/09/2018

Reputable Multi-Label Concept Store For Sale

Central Area

Asking Price : SGD70,000

Revenue: SGD200K - 500K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2010

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 5

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

Reason To Sell
Selling due to reaching a particular lifestage (2 kids), lack of time and funds to bring it further.
Business Description

One of the few established and reputable multi-label concept stores around. A thoughtfully curated store that carries some of the most sought after local labels. A lot of blood, sweat and tears have been poured into the brand to build it up over the past 7 years.


Was a passion business between the wife and myself, which we no longer have the time to manage and the sales and business performance has hence taken a hit. Hoping to find someone who is keen to build it back up and keep the brand alive as a platform for young brands.


2 prime physical retail locations. Wheelock Place (Orchard Rd) and OUE Downtown (Shenton Way). Very unheard of and favourable terms locked in for this lease.


Featured in numerous magazines and writeups, including the LV City Guide for Singapore. Listed as a must visit if you only have 24 hours in our city state.


Facebook at 16k+. Mailing list at 1k+. Will include website domain, ecommerce framework, POS, social media accounts and mailing list software.


UPDATED : Price adjusted after much planning and recalculation. 

Business Operations
Business Hour:
1030 to 2030
Preferred Skills:
Passion for retail and local fashion and providing a platform for designers to showcase their wares.
Staff:
2 Local, 3 Part Time
Property Information
Premise Status:
Rent
Premise Size:
807sqft
Rental Fee:
SGD0
Lease Term:
3 years +
Premises Detai:
Fully fitted with everything to continue operations. Wheelock Place (807 sq ft) and OUE Downtown (900+ sq ft).
Other Information
Competition:
Very few similar stores of the same vein.
Expansion Potential:
Due to the consignment nature of the store and the relationships with the suppliers. One could say there is significant room for expansion.

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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