Singapore  Singapore

Sell a Business

Listing ID: 1191 Last Refreshed: 26/05/2019 Total Views: 9632

Established Chain Lady Fashion Brand With 6 Outlets in Singapore and 2 Franchise Store In Oversea

Central Area

Asking Price: S$660,000
Established Chain Lady Fashion Brand With 6 Outlets in Singapore and 2 Franchise Store In Oversea
  • Premise Type N/A Premise Size 1769sqft
  • Monthly Rental S$51,178 Rental Desposit S$146,000***
  • Revenue S$229,455 Cash Flow N/A
  • Gross Profit S$135,507 Net Profit S$8,484
  • Stock S$260,000*** Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$180,000*** Established 2007
  • Owner Role Full Time Staff 14
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price

Reason For Sale

Like to cash out

Description

Singapore based lady fashion brand that established since 2007 by local designer. Business grows fast in the past 8 years. 

In 2013, the sales is S$2.7mil and  profit is S$260k(including the salary paid to the owners)

In 2012, the sales is S$2.5mil and   profit is S$220k(including the salary paid to the owners)

In 2011,  the sales is S$1.8mil and profit is $200k(including the salary paid to the owners)


Owner asking 660,000 including

1) S$146,000 rental deposit paid to landlord
2) Stock about S$260k
3) RENOVATION & Fixture cost S$180K
4) 6 Retail Outlet in heavy traffic shopping center in Singapore
5) 1 Franchise store in Malaysia
6) One Franchise store in Cambodia
7) One Wholesale customer in Malaysia
8) Online store
    a) Customized online store
    b) Online store in qoo10, Zalora(Singapore, Hong kong, Thailand and Malaysia)

9) The business branding


Business Operation

11am-9:30pm
Business Hour
Shop is nicely renoved
Facilities
New buyer can develop the franchise in the oversea market. currently there are 2 franchise store in Malaysia and Cambodia already.
Expansion Potential
Yes
Supporting and Training
N.A
Background & Skills

Property Information

Rent
Premise Status
Four outlet lease expire in 2015, and 2 outlet lease expire 2016
Lease Term
All the outlet located in the heavy traffic shopping mall, e.g, Bugis, Orchard etc
Premises Details
Yes, it can relocate to other place
Relocatable

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