Businesses For Sale in SingaporeSingapore

Listing ID: 3833
Total Viewed: 9953
Last Refreshed: 19/09/2018

Shoe Business In Singapore And Ho Chi Minh (Sold)

Central Area

Asking Price : SGD800,000

Revenue: Above SGD1M

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2008

Gross Profit: Not Disclosed

Inventory: SGD800,000***

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 28

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

***NOT included in asking price

Reason To Sell
To cash out
Business Description

Looking for the fastest and easiest entry (call 91590393) into department stores in Singapore and growing city in Ho Chi Minh ?  Mr Lee Hsien Loong has just officiated the Takashimaya Store in HCM in March and many Singapore MNCs have built businesses there.

This is an established company with 8 years of existence in Singapore.  It is a running business for a simple takeover. - ask at 91590393

Shoes company with 9 local outlets in all important Department stores in Spore and 3 outlets in HCM (One in Takashimaya HCM).

The outlets in HCM have very high potential growth, with high profit margins.  

Inventory - 800 k  (with stock as new as 2 months).   Asking price is SGD 1m and above.

Presently operates with one shop front for e-commerce collection centre at 91590393 and also regular walk in customers.

Purchase with or without shop is possible.

Company has e-commerce set up for B2B and B2C.

Business Operations
Business Hour:
Department Store hours
Preferred Skills:
None. Business can run on its own as all staff are well trained with Operations Manager. Seller will train in beginning and can act as consultant in future.
Supporting and Training:
Will be provided
14 Local, 4 Foreigners, 10 Part Time
Property Information
Premise Status:
Rental Fee:
Rental Deposit:
SGD30,000 (NOT included in selling price)
Premises Detai:
Premise can be given up or take over. Good to maintain as e-commerce business needs location for pick up (cannot do via department stores). Price does not include the rental deposit.
Yes, it can relocate to other place

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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