Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more → ✕
Listing Id: 5348 Last Refreshed: 07/05/2019 12331 Views

Reputable Multi-Label Concept Store For Sale

Expired
Asking Price <span class='currency'>S$</span>70,000
Central Area Ecommerce Websites and Online Stores Apparel Stores
Business For Takeover
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

1 / 3

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$0

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2010
Owner Role
Full Time
Premise Status
Rent
Premises Details
Fully fitted with everything to continue operations. Wheelock Place (807 sq ft) and OUE Downtown (900+ sq ft).

Business Details

Reason For Sale

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

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. 

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.

Buyer Support & Terms

Background & Skills

Passion for retail and local fashion and providing a platform for designers to showcase their wares.
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request