Listing Id: 2107
Last Refreshed: 07/05/2019
Total Views: 12295
(Expired)Watch Winder And Accessories
Central AreaJewelry Stores
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$1,500
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Rental Desposit
S$1,500***
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Revenue
S$400,000
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Liability
S$0
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Gross Profit
S$200K - 500K
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Net Profit
S$100K - 200K
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Stock
S$80,000***
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FFE
S$10,000***
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Payable
S$0
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Receivable
S$20,000
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Owner Role
Full Time
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Staff
2
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Established
2014
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Source
Direct Seller
Reason For Sale
Sell at right price
Description
⌚️Exquisite Time
👔The watch winder professional
🏠#04-28 Orchard Plaza (Somerset MRT)
🔓Open daily from 12-7pm
Close on Monday
💰Cash or NETS
www.exquisite-time.com
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 Operation
Few competitor but none has showroom
Competition
Yes with proper marketing and eccommerce can expand 30-40% from current sales
Expansion Potential
No need. I will train . Just basic knowledge on watches
Background & Skills
Property Information
Right in middle of Orchard Road. Opposite MRT
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore