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Listing ID: 2220 Total Viewed: 2

Established Shoes Business For Sale (Sold)

Central Area, Singapore

Asking Price : Under SGD50K

Revenue: SGD5K - 10K

Cash Flow: Under SGD5K

Payable: Not Disclosed

Established: 2008

Gross Profit: Under SGD5K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 2

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

Reason To Sell
Family commitments
Business Description

We have been in the shoe business for more than 7 years and is currently one of the leading brands in the wedding shoes industry. We have a retail shop at Orchard and a very good online presence which makes it easy for customers to locate us via Goggle search. Due to family commitments, we are looking for interested buyer to take over the business.

Business Operations
Business Hour:
12pm to 8pm
Supporting and Training:
Training on product knowledge, business operations, link-up with suppliers, managing of website/blog/facebook etc will be provided
Staff:
2 Local
Property Information
Premise Status:
Rent
Premise Size:
431sqft
Rental Fee:
SGD3,700
Rental Deposit:
SGD13,792 (NOT included in selling price)
Lease Term:
3 years from Jul 2013
Premises Detai:
Shoes boutique with beautiful decor. Premise includes a store area and nicely-decorated shop front.
Relocatable:
Yes, it can relocate to other place
Other Information
Competition:
We specialised in wedding shoes and provide customisation service. This is a niche business with very few competitors in Singapore.
Expansion Potential:
Great potential in expansion as the supply is weak but demand is strong. As long as more efforts and resources are put into publicity and brand awareness, there is a lot of room for improvement

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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