Businesses For Sale in SingaporeSingapore

Listing ID: 12753
Total Viewed: 15774
Last Refreshed: 17/06/2018

Solid Opportunity to run a profitable tech business (100% Reviews)

Central Area, Singapore

Asking Price : SGD32,000

Revenue: SGD200K - 500K

Cash Flow: SGD10K - 20K

Payable: SGD0

Established: 2017

Gross Profit: SGD20K - 50K

Inventory: SGD25,000

Receivable: SGD4,000

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: SGD0***

FFE: SGD0

Staff: 1

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

***NOT included in asking price

Reason To Sell
Have existing ventures on hand, not enough time for all my commitments
Business Description

This is a genuine offer, I'm letting go one of my babies as I'm spreading myself too thin. Running 3 ventures simultaenously. 

This business is a transportation business, we work directly with manufacturers to sell electric scooters to the market. Currently we have consignment deals with 2 other businesses. (We supply other stores with electric scooters) People in Singapore use electric scooter for going to work, hobby, short distance travel, delivery food, leisure riding. This mode of transport is not going anywhere, counter-intuitively, our sales increased with the regulations in place. (Due to selling compliant products). When there is regulations that are coming out, its a tell-tale sign that the market is so early. Our government sees this as a serious mode of transport, cars are expensive, and it will not get any cheaper. 

Why you should buy this business?

Ø  Well established in Singapore

Ø  Main core business is online sale and B2b of electric scooter, parts and accessories

Ø   Established brands which is well known to scooter enthusiasts

Ø  Top 10 on Google search engine

Ø  Multiple online channel that market our products such as Qoo10, Shoppee


Our business provide sales of e-scooter, accessories and more. So for example, you sell 1 scooter, customer will buy accessories for sure. The margin for an overall sale is between 33%-45%. 

For repair services we work with other companies and contractors to provide the service.

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. 

Our website has a daily visit of around constant 55-100 visitors per day (Attached the analytics in the listing images)

Just this month alone we have around north of 60,000 post engagements on our facebook page (Attached the report in the listing)

There are a few product roadmaps that are in the works right now, there will be another star product that we will be launching, it will boost the sales rapidly. 

INVENTORY TAKEOVER: Just takeover the inventory will do, we will value the cost of our total inventory and you can start right away.

Total value of our current inventory cost : ~25k

No overheads, easily scalable.


What’s in for you?

·        Immediate profiting business

·        Existing stocks

·        Established and recognised brand

·         B2B contracts transfer

·        Online stores (Qoo10)

·        All supplier contacts

·        Customer data base

·        Knowledge on online brand marketing strategies 

·        Technical knowledge for buyer who are not familiar with this trade


It also has potential for distribution. Owner is still coming up with new products and expanding his brands. Ready for the next owner to continue the business.

 

Who are we looking for?

1.       Local company/individuals who would like to explore into the sporting/transportation industry can tap on to our brand and social media for immediate result. 

2.       Anyone who would push existing brands to a new height.

3.       Believer in Singapore's SMART Nation direction 

4.       Transportation companies who would like to add more scooter range 

 

If you think you’re eligible to take up this challenge, call us now!

  +65 9339 8921

Owner will provide full guidance during the takeover period.







Business Operations
Business Hour:
0
Preferred Skills:
No preferred background or skills needed. I know nothing about this business when I started
Supporting and Training:
Will provide you with the technical trainings
Staff:
1 Local
Property Information
Premise Status:
Work At Home
Home Base:
Yes, it can work at home
Other Information
Facilities:
e-Commerce Website, Consignment Deals
Competition:
Healthy competition
Supporting Documentation

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.

Join Premium Buyer Now to Find More About The Business
Premium Buyer can view additional information on the business, including
  • Date business posted, and last updated
  • Total enquiries this business has had, and when last enquiry sent
  • Get the contact information for the business (if available)
Contact Seller
Your Name:
Your email
Your phone

Contact Seller
Your Name:
Your email
Your phone




Just a moment... we are sending the message now