Businesses For Sale in SingaporeSingapore

Listing ID: 4610
Total Viewed: 2095
Last Refreshed: 08/09/2017

Selling Profitable Ecommerce Business

Woodlands, Singapore

Asking Price : SGD350,000

Revenue: SGD50K - 100K

Cash Flow: SGD50K - 100K

Payable: Not Disclosed

Established: 2015

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 9

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

Reason To Sell
Plan to start another business, if you plan to partnership feel free to contact me also
Business Description

We are a 5-year old ecommerce company


We sell a whole range of products across various categories:


sports and fitness

home and living

fashion (bags, clothes)

transportation tools (bicycles, electric scooters)


Most of our products come from china, we have a sizable list of contacts of overseas suppliers and shipping agents 


Sales come from many sources including our own websites (6 different ecommerce websites with top rankings in Google) and online selling platforms such as qoo10, lazada, carousell (6 different accounts), shopee, where we have postive reviews


We have a constant stream of walk-in customers also


revenue is between 40k-80k per month (holiday seasons sales tend to be a lot higher). we, on average, handle 30-60 deliveries per day


We have also our own team of freelance drivers to handle the deliveries to our customers


I have built the system for over 5 years now, from the technical aspect (setting up and maintaining the website) to sourcing and customer service, even though it is not perfect, it can run and generate profit without much supervision


The system that this business is built upon is very scalable, if you understand the ecommerce market, have a related business, this business will be a strong foundable to expand on. We are constantly adding new products to leverage our presence on the major platforms.


I'm looking for someone who understands the ecommerce market and knows how to run a business to takeover


UPDATE: I'm open to both partnership/sale of the business. For partneship, I'm looking for someone who has the experience/knowledge in the relevant field for partnership also


ideally, he/she should have some technical knowledge on website maintenance or he/she can find someone who's well versed in that area. 


As long as he/she possess these 2 quality, it is almost a turnkey system, handover would be smooth



What i plan to handover:

1) Warehouse (2k rental per month), renovated and air-conditioned

2) Employees (1 admin, 1 admin cum technician, 1 mechanic, 5-6 delivery drivers)

3) Websites (fully developed)

4) online accounts

5) inventory (80-100k)

6) equipment (computer, printer, furniture, etc.)

7) 1 company van (1 year COE left)


Reason for selling is that I have other personal commitments and I plan to start another business that is unrelated to ecommerce



PLS READ:

if you're keen pls send me a sincere enquiry, preferably with your budget, any intention of takeover, some background about yourself


Pls do not just type "I want to find out more info...." in the message box


thank you!

Business Operations
Preferred Skills:
ecommerce, IT, retail
Supporting and Training:
handover training
Staff:
3 Local, 6 Part Time
Property Information
Premise Status:
Rent

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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