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Listing ID: 353 Total Viewed: 1

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

Toa Payoh, Singapore

Asking Price : SGD200K - 500K

Revenue: SGD5K - 10K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 1995

Gross Profit: SGD5K - 10K

Inventory: SGD15,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: SGD135,000

Staff: 1

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

***NOT included in asking price

Reason To Sell
To look for successor to continue the business
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 Operations
Business Hour:
10am-6pm
Preferred Skills:
Fashion graduate and entrepreneur.
Supporting and Training:
Tailoring and Sewing techniques and skill know-how transfer
Staff:
1 Local
Property Information
Premise Status:
Rent
Premise Size:
181sqft
Rental Fee:
SGD4,000
Lease Term:
3 years lease contract until August 2016
Premises Detai:
Mapletree Industries flatted factory, has been segregated into one-third (retail) and two-third (factory) with a divider.
Other Information
Facilities:
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.
Expansion Potential:
Establish Local Men's Fashion Branding and Export regionally and eventually worldwide.

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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