Singapore  Singapore

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Listing Id: 31478 Last Refreshed: 20/04/2024 Total Views: 363

(Expired)Bespoke Wedding Dress (Home Studio)

GeylangApparel Stores
Asking Price: S$100,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Work at Home
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$120,000
  • Liability N/A
  • Gross Profit S$80,000
  • Net Profit S$65,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 1
  • Established 2017
  • Source Direct Seller

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.

Business Operation

Home Studio
Facilities
Possibility of expanding to new markets and upmarket customers
Expansion Potential
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

Support and Training
Fashion Design, Sales and Marketing and Project management
Background & Skills

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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