Businesses For Sale in SingaporeSingapore

Listing ID: 14844
Total Viewed: 1841
Last Refreshed: 03/01/2019

Wedding / Bridal Shop For Sale

Central Area

Asking Price : S$50K-100K

Revenue: S$200K-500K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2012

Gross Profit: SGD100K - 200K

Inventory: SGD150,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD50K - 100K

Liability: Not Disclosed

FFE: SGD30,000

Staff: 2

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

***NOT included in asking price

Reason To Sell
Family issues
Business Description

Bridal Shop for sale

Flexible purchase scheme: 


Option 1: 

Assets & space only

- You will be buying over all the dresses so you can start business immediately. total around 200 gowns worth 100 overk

- Furniture, reno, printer, computer, renovations etc 

- Reno just done for a while, worth 30+k 

- Phone and internet line if desired 

- Suitable for people that wants to start their own shop

- For this option owner will handle all the previous signups himself

- Fixtures, dresses and equipments are worth around 130k, willing to let go at just 75k


Option 2: 

Assets, space, business name, business website, contacts, balance clients

- You'll be buying over everything in option 1 

- Contacts that owner curated, such as photographer, makeup artist, studio, gown supplier

- Website, social media sites

- Owner's assistance for three months

- Owner to assist in handover of clients

- Wedding gown designs planned for entire 2019, they will be made and delivered to you in batches

- This option is worth 200k, willing to let go at just 95k


Company profile: 

- Located at central area, nicely renovated & accessable

- Rental premise with less than 1 year lease left, but able to extend at the same rate

- Bridal company with gowns packages, photography, videography, makeup services



Owner is letting go of it due to family commitments and loss of interest. Owner would not be able to spend much time in the business, and is hoping for someone good to take over. 


If you're sincere in the business and really want to take over, owner is willing to help as much as possible. details can be discussed.


Please feel free to contact if you need other details.

Business Operations
Business Hour:
10-8
Supporting and Training:
Available
Staff:
1 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
700sqft
Rental Fee:
SGD3,900
Rental Deposit:
SGD3,900 (NOT included in selling price)
Lease Term:
1 or 2 years
Premises Detai:
central area
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Seller Financing Available:
Yes

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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