Listing Id: 32049
Last Refreshed: 22/06/2024
Total Views: 1272
(Expired)Reputable Outdoor Furniture Company For Sale
Central AreaFurniture Stores
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
1500 sqft / 139 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
4
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Established
2011
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Source
Direct Seller
Reason For Sale
One of the partners wish to retire
Description
With more than 10 years in the business, the company has build up the brand in both retail and corporate sectors. It is renown for design and quality for the furniture sold.
As this is a reputable and established brand, buyer can choose to expand the product range to further increase revenue.
Seller is willing to stay for a determined period of time to assist with the company matters and expansion.
Business Operation
Mainly only comprise of warehousing of the furniture.
Facilities
There are only a few outdoor furniture centric companies in Singapore. In terms of retail, we target more at the middle and high come households. To reach out to more households, it is possible by including more low value outdoor furniture.
Competition
Could expand to other sectors to capture more business. To generate more revenue, can consider the introduction of indoor furniture to expand the product range.
Expansion Potential
The seller is willing to stay (time to be determined) to assist the buyer with a smooth transfer and possible business expansion plan.
Support and Training
Property Information
renewal in Nov 2025
Lease Term
Yes, it can relocate to other place
Relocatable
Singapore