Singapore
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Overview
Financial Performance
Revenue
S$120,000
Gross Profit
S$80,000
Net Profit
S$65,000
Monthly Rentalt
Not Provided
Business Operations & Assets
Staff
1 Employees
Year of Incorporation
2017
Owner Role
Part Time
Premise Status
Rent
Premise Type
Work at Home
Business Details
Reason For Sale
Reprioritise for personal reasons
Description
Stitch By Stitch Co is a renowned bespoke wedding dress business that has over 8 years experience in the Singapore market.
Located at a home studio, Stitch By Stitch Co has strong brand presence as a highly affordable bespoke dress catered for every individual needs of brides today.
Stitch By Stitch Co has a highly streamlined business model that delivers a compelling y-o-y profit margin of 60% with highest revenue attained at 120k per annum with minimali manpower and near zero asset management.
Owner is looking to handover the business as they are looking to embark on a new project and a sabbatical break.
Located at a home studio, Stitch By Stitch Co has strong brand presence as a highly affordable bespoke dress catered for every individual needs of brides today.
Stitch By Stitch Co has a highly streamlined business model that delivers a compelling y-o-y profit margin of 60% with highest revenue attained at 120k per annum with minimali manpower and near zero asset management.
Owner is looking to handover the business as they are looking to embark on a new project and a sabbatical break.
Facilities
Home Studio
Expansion Potential
Possibility of expanding to new markets and upmarket customers
Buyer Support & Terms
Support and Training
1 month (30 days) of handover and support covering the following areas:
- Transfer of business know-how (Systems, Processes and 4Ps)
- Transfer of knowledge on consultation and dress-making process
- Transfer of ownership and assets
- Transfer of business know-how (Systems, Processes and 4Ps)
- Transfer of knowledge on consultation and dress-making process
- Transfer of ownership and assets
Background & Skills
Fashion Design, Sales and Marketing and Project management
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