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Listing ID: 1795 Total Viewed: 2993

Successful Market Leading Bridal And Wedding Business

Central Area, Singapore

Asking Price : SGD700,000

Revenue: Above SGD1M

Cash Flow: SGD250,000

Payable: Not Disclosed

Established: 2005

Gross Profit: Above SGD1M

Inventory: SGD450,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD28,000

Staff: 20

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

***NOT included in asking price

Reason To Sell
Owner has to relocate for family reasons
Business Description

Key information:


- Asking price: SGD$700m (3.5 times P/E)

- Yearly net profit: SGD$150-200k (14% net margin)

- Revenue: SGD$1.8m

- ROI: 33% per annum (3 years breakeven)

- Asking price includes Cash working capital and rental deposit of SGD$150k-250k

- External financing can be arranged


Market leading bridal and wedding business established for almost 10 years.



1)Services: Gown and suits design and rental, photography, makeup, hand bouquet and other complementary services.

2)Full collection of award winning wedding and evening gowns, event gowns and men’s suits. Also complete with traditional wedding attires. No investment necessary for the rest of the year

3)Fully functional photography studio with realistic settings

4)High customer satisfaction levels and high referral rates

5)Ample opportunities for expansion with plans all in place

6)Excellent reputation in the industry

7)Invaluable industry contacts and network built over the years

8)     Industry leading photography studio premises newly refurbished

9)     Multiple streams of leads and income from different business units



Serious seller. 

External financing available for the purchase


All contacts will be introduced to ensure smooth transition 
Full company operations guide will be available

Perfect investment in the wedding industry, which is a $3 billion global market

Contact for more information after signing the Non disclosure agreement


Business Operations
Business Hour:
12-9pm
Preferred Skills:
Passion for the wedding industry. Customer service knowledge will be helpful Every other knowledge, training and processes will be provided
Supporting and Training:
Seller will train full time for 1 month and remain available for consultation for 1 year or more if required All contacts will be introduced to ensure smooth transition Full company operations and training manuals with step by step guide will be available.
Staff:
10 Local, 5 Foreigners, 5 Part Time
Property Information
Premise Status:
Rent
Rental Fee:
SGD23,000
Rental Deposit:
SGD67,000 (included in selling price)
Lease Term:
3 years
Premises Detai:
Boutique and photography premises. All leased. Sub letting is allowed in the lease agreement. Leases have just be renewed this year so no rent increases expected
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
Full complete collection of award winning >800 dresses and suits Photography equipment, lightings, studio, all in operational condition No further investment needed for operations
Competition:
Contact for more information
Expansion Potential:
Contact for more information

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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