Listing ID: 467 Total Viewed: 1

Riderz Avenue

Location: Singapore

Industry: Not Disclosed

Business Stage
New Business(Not Startup)
Business Description
The initial proposed idea of Riderz Avenue is to cater a service to the two wheels industries here in Singapore. Besides maintenance services, we aim to attain distributorship for reputable motorcycle parts and providing affordable managed service package to courier companies with safety compliance motorcycle to work with. As growth increases, another channel to reach customers which we will utilize is sales of new motorcycles and taking part/sponsors in motorcycle competitions in Asia to widen our horizons. The table below summarizes the amount of funds needed over a span of 3 years to establish the proposed small motorcycle business shop which will be used to construct the workplace, purchase of equipments and inventories and cover the annual operating expenses.


We foresee 4 different income channels:

1.) GENERAL MOTORCYCLE MAINTENANCE
2.) COURIER COMPANY MANAGED SERVICES
3.) ACCESSORIES & PERFORMANCE PARTS DISTRIBUTOR
4.) SALES OF NEW MOTORCYCLES
Supporting Documentation

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Detail Informaiton

Capital Required

SGD200,000

Expected Monthly Revenue

SGD20K - 50K

Expected Monthly Profit

SGD10K - 20K

Expected Investor's Role

Passive Partner

Return On Investment

48 months

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