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Listing ID: 418 Total Viewed: 1

A Dating & Social Networking Events & Service Provider (Sold)

Central Area, Singapore

Asking Price : SGD350,000

Revenue: SGD20K - 50K

Cash Flow: SGD200K - 500K

Payable: SGD0

Established: 2008

Gross Profit: SGD5K - 10K

Inventory: SGD0***

Receivable: SGD0

Owner Role: Full Time

Net Profit: SGD5K - 10K

Liability: SGD0

FFE: SGD20,000

Staff: 10

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

***NOT included in asking price

Reason To Sell
Family planning
Business Description
We are a reputable coming to 6 years old dating business, one of the top in the industry, has been operating 1-1 Match Making services and events for singles. Sales has been tremendously increasing once it started. Owners have great passion for the business. Stable sales and base of clients with wide referral base. Business started in 2008 as a partnership and converted to a Pte Ltd firm in 2010, shortly after attained a industry required license.

However, right now, owner would like to consider a passionate buyer, due to family planning and another partner is travelling slightly too often.

Call me for appointment now, IF YOU ARE:

1) A smart and brilliant investor, looking for passive income and a close to auto-piloting business with least management and knowledge to run. As our business is regulated by a government body, our staffs went through a professional certification process by the WDA. Future owners will be guided by the relavant courses as well.

2) An investor looking to expand this business to overseas market e.g. China, Hong Kong, Indonesia.

3) An entrepreneur who wants to continuously expand the value of Premium Dating to the Affluent market. This platform is a good start! 

4) Someone who already own this business of complementary services like: A wedding Boutique, Florist, Gift shop, Career Coaching and other Human Resource interests.

5) An investor looking into business that has a lean modulus operand i (low cost), high profit margined service-line, with NO headaches for too high rental, cost of goods, perishable products and cost of inventory. 

6) Someone who has the passion and great heart for people.

7) Or you maybe someone who has great interest to organise creative events to enable people to meet each other.

8) Or you maybe someone who has the skill and would like to do our Nation a Service. Promote LOVE, ROMANCE and POPULATION Growth for Singapore.

9) YOU COULD BE JUST THE ONE TO MAKE A DIFFERENCE!

10) By all reasons is you are still on the page, call me now 81237814!


We definitely want this business to be in good hands!

Business Operations
Business Hour:
Monday to Saturdays 10.30am to 6pm
Preferred Skills:
Passion for the business. Chinese PRC, NRIs, Housewives, Business and New Entrepreneurs are welcome.
Supporting and Training:
Yes, will handover in 1-2 months.
Staff:
10 Local
Property Information
Premise Status:
Rent
Premise Size:
900sqft
Rental Fee:
SGD2,700
Rental Deposit:
SGD2,700 (included in selling price)
Lease Term:
Just renewed for April 2014, 1 year. Option to renew again next year for 1 more year. (1+1)
Premises Detai:
Situated in a good location, slightly off-city area. No ERP charges to business owners. FREE two Carparks in the basement. At the brim of city area, is also a landmarked building. Office is nicely renovated, furnished with a nice cozy reception upon entry, with 5 consultation rooms. One of the room is able to sit in 6-7 pax for meetings or to conduct a small cozy workshop e.g. personal coaching skills, or make-over and groom sessions. Also a room we normally does our in-house trainings. A operation and database enter that houses our "cupids" to do the matchings. This room is renovated with almost full length documents cabinets and pigeon holed spaces. It also sits in office 5-6 desk spaces where our service staffs called our clients from. Desktops and laptops will be included for buyers.
Relocatable:
Yes, it can relocate to other place
Other Information
Facilities:
HARD ASSETS: Furnitures, Computers and laptops, database system and Client Relationship Management Softwares. SOFT ASSET: REPUTABLE BRAND & LICENSE. "Time and tide waits for no man" , but you could buy time now. You are buying the time that we had spent building the brand.
Competition:
Niche and Stable. Highly supported by government's initiatives and nation's plan for future developments.
Expansion Potential:
Statistically proven a potential UNTAPPED close to SGD 100 million market in just Singapore alone, assuming 400,000 of the 1,500,000 singles are of eligible age (above 21) not married, and unattached, multiplied by the factor of their expenditure on dating services. Share with you more upon meet up! This is not a sales talk, or a advertisement gimmick. These are estimated numbers with reference to our nation's statistics. Expansion to overseas is a definite opportunity being already a reputable platform in Singapore.

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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