Singapore

Sell a Business

Listing ID: 353 Last Refreshed: 26/04/2019 Total Views: 49386

High-End Men's Suit Production Factory For Sale.

Toa Payoh

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size 181sqft
  • Monthly Rental S$4,000 Rental Desposit N/A
  • Revenue S$5K - 10K Cash Flow S$20K - 50K
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock S$15,000*** Liability N/A
  • Payable N/A Receivable N/A
  • FFE S$135,000*** Established 1995
  • Owner Role Full Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Pha Hui Jun

Reason For Sale

To look for successor to continue the business

Description

Started in 1995, Spring Checker has been in the Men’s Classic Suit Fashion Industry for more than 17 years.Our products include off-the-rack and made-to-measure suits. Our services were extended to include dry-cleaning in 2007.With high quality fabric and superb workmanship, we construct suits of greatest satisfaction guaranteed at the most reasonable and affordable price.

We specialized in Italian cutting and are currently the only one in Singapore who owned highly sophisticated technologies for the making of suits. Combined with excellent conventional tailoring skills and fabric of highest quality, we promised to churn out a suit comparable to top-notch brands. What’s more, the price is reasonable and far more affordable than the branded suits.

Spring Checker is pleased to have served countless walk-in customers, as well as corporate companies such as DWG, Franck Muller, Sheraton Hotel as well as National University of Singapore Business School.

Business Operation

10am-6pm
Business Hour
14 units of sewing machines, 9 units of cutting-related equipments, 22 units of steam-pressing machines, 2 ironing equipments, 2 units of packaging machines, 1 lot of fabrics and 1 lot of office furnishing.
Facilities
Establish Local Men's Fashion Branding and Export regionally and eventually worldwide.
Expansion Potential
Tailoring and Sewing techniques and skill know-how transfer
Supporting and Training
Fashion graduate and entrepreneur.
Background & Skills

Property Information

Rent
Premise Status
3 years lease contract until August 2016
Lease Term
Mapletree Industries flatted factory, has been segregated into one-third (retail) and two-third (factory) with a divider.
Premises Details