Singapore  Singapore

Sell a Business

Listing ID: 2220 Last Refreshed: 26/05/2019 Total Views: 8903

Established Shoes Business For Sale

Central Area

Asking Price: Under S$50K
  • Premise Type N/A Premise Size 431sqft
  • Monthly Rental S$3,700 Rental Desposit S$13,792
  • Revenue S$5K - 10K Cash Flow Under S$5K
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2008
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Doris Neo

Reason For Sale

Family commitments

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 Operation

12pm to 8pm
Business Hour
We specialised in wedding shoes and provide customisation service. This is a niche business with very few competitors in Singapore.
Competition
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
Expansion Potential
Training on product knowledge, business operations, link-up with suppliers, managing of website/blog/facebook etc will be provided
Supporting and Training

Property Information

Rent
Premise Status
3 years from Jul 2013
Lease Term
Shoes boutique with beautiful decor. Premise includes a store area and nicely-decorated shop front.
Premises Details
Yes, it can relocate to other place
Relocatable

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