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Listing Id: 26606 Last Refreshed: 28/10/2022 529 Views

Are You Looking For A "Need" Business That Can Never Die Off? Recession Proof? Pandemic Proof?

Expired
Asking Price S$2,000,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$100K - 200K
Gross Profit
S$100K - 200K
Net Profit
S$50K - 100K
Monthly Rentalt
S$9,150

Business Operations & Assets

Owner Role
Full Time
Premise Type
Commercial Street
Premise Size
2900 sqft / 269 sqm
Rental Deposit
S$27,450

Business Details

Reason For Sale

Moving to overseas

Description

This may be something of interest to you. We are one of the largest Wedding and Events company in Singapore established for more then 17 years, and we are currently selling off our business as I the sole owner of the company am planning to move to overseas. This is an incredible opportunity to acquire an established company with a strong customer base, international awards, and a team of employees.


Our company has been recession-proofed and has the potential to double its revenue and profits within a short span of time. So if you’re looking for a new business opportunity, this is it! Contact us today for more information.


In Singapore the largest business problems are?

High manpower cost
High turnover

High Training cost

High rental cost

High operational cost

High Cost of good sold


Low Manpower. We have a legitimate manpower hiring system and have structure the business effectively such that we do not face the challenges of employment shortage. We have managed to build a effective system over 17 years to attract the top talent and strategically setup a working arrangement to lower our manpower cost by 5 times what you would pay for the same talent.


Low Turnover. Our employment system, and training programmes secures our company with expanding resources for us to monetize and maintain stability of job production line.  


Low Training cost. Productions has an end to end training guide and build with tool kits for any new employee to get the business up and running in the shortest time.


Low rent. We rent from the government. We took a terrible building and converted it to a stunning building with 3 levels. We have built years of relationship with our Landlord such that our rent is one of the lowest in this area with the largest space. Our building is strategically located to attract the maximum number of viewers. 


Low Operations cost. We hired the best talents to operate on the ground and only those which are necessary for the success of the business. Hence strategising the cost structure to be more effective and scalable.


Low cost of goods sold. We have sourced globally for products, keeping our costs as low as possible eliminating as many middle man. This scalable system has allowed us to push our profit margins to a high percentage.


This asking price of 2 Million is the starting price and the final amount is based on the highest offer. It does not include our acquired commercial property at a different place, this can be sold separately.


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