Businesses For Sale in SingaporeSingapore

Listing ID: 2107
Total Viewed: 9903
Last Refreshed: 03/01/2019

Watch Winder And Accessories

Central Area

Asking Price : SGD200K - 500K

Revenue: SGD400,000

Cash Flow: SGD20K - 50K

Payable: SGD0***

Established: 2014

Gross Profit: SGD200K - 500K

Inventory: SGD80,000

Receivable: SGD20,000***

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: SGD0***

FFE: SGD10,000

Staff: 2

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

***NOT included in asking price

Reason To Sell
Sell at right price
Business Description

⌚️Exquisite Time 

👔The watch winder professional 

 🏠#04-28 Orchard Plaza (Somerset MRT) 

🔓Open daily from 12-7pm

Close on Monday

💰Cash or NETS

One stop watch winder specialist in Singspore offering low to high end watch winders and boxes to the watch enthuaist. Garnered more than 2000 customers over a short period of 15 months. Monthly sales turnover is 30-50k with gross profit of 60% and net profit of 40%. Cash and inventory alone is 120k. Don't mind selling to the right buyer who is willing to undertake and grow the business. Good business model and excellent market review and followings. 

Business Operations
Business Hour:
Preferred Skills:
No need. I will train . Just basic knowledge on watches
Supporting and Training:
2 Local
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD1,500 (included in selling price)
Lease Term:
1 year
Premises Detai:
Right in middle of Orchard Road. Opposite MRT
Yes, it can relocate to other place
Other Information
Few competitor but none has showroom
Expansion Potential:
Yes with proper marketing and eccommerce can expand 30-40% from current sales

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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