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Listing ID: 918 Total Viewed: 53123

Resortwear Fashion Retailer. Jlo, Oprah, Kate Middleton Wear These Brands!

Singapore

Asking Price : SGD50,000

Revenue: SGD5K - 10K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD5K - 10K

Inventory: SGD25,000***

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: SGD5K - 10K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Current owner has too many commitments!
Business Description

Take this business to another level or leave it as is and invest only 1 day of your time to keep the business fully operational and profitable. 


The business is located at Chillax Market - a fantastic new concept store in The Grandstand, Turf City, Bukit Timah. The concessionaire arrangement has 3 or 6 monthly lease periods. Thus far traffic has been fantastic, putting this business in a great position for growth. Couple this with a highly proactive fashion fair and events participation over the past year, this business is ripe for the picking.


With a highly engaged social media audience across South East Asia, this business has huge potential for expansion with physical presence in nearby countries. The current owner's strong marketing expertise has meant a fantastic website build and social media engagement is second to none.


Slip straight in to coveted fashion fairs and multiple pre-locked-in clarity events & fashion parades- the requests are never-ending as the brands are just so stunning. 


Products appeal to both expatriates as well as Singaporeans and other local residents of South East Asia. The likes of Oprah, JLo, Kate Hudson, Kate Middleton and a host of other A-grade celebs are wearing these brands. You will have no problem with the fashionistas around town picking these up! One of the products particularly, are also popular abaya replacement for muslim clientele.


Comprehensive operations manuals and dedicated casual staff available on-call to support a transition to new ownership place the new owners in a great position. Take advantage of the learning process about the products and the target audience that has already been undertaken by the current owners. 


New owner will be able to elect degree of involvement as the Chillax market shop requires no regular presence from Wattletree - only stock in the shelves periodically! The website business is also only a periodic investment of owners time.


Ordering stock from the manufacturers for these brands are placed well in advance, so new owners have a good 6 month lead time to learn the ropes. It is not an easy task seeking approval to have stockist status with these brands, make the most of this opportunity.


Owner will consider selling the business with the company incorporation, however, ideally new owner will incorporate separately. 


Included in price: 

- Strong existing relationships with suppliers, including orders through to Mar 2015

- Pre-existing relationships with over 10 fairs & fashion parade events, including Singapore Yacht Show, Boutiques etc.

- Contact List 

- Strong and highly engaged social media fan base

- Excellent word-of-mouth reputation in Singapore


Business Operations
Supporting and Training:
Current owner can be on-call for support for 3 months; comprehensive handover manuals in place
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
SGD0
Lease Term:
6 months
Premises Detai:
Concessionaire space renewed every 3 or 6 months. Current location is going very well. Scope to expend to other locations
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Competition:
All-but exclusively available ~ these coveted brands are not facing competition right now! The current owner has done an amazing job of creating brand awareness ~ now you can reap the benefits.

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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