Singapore  Singapore

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Listing Id: 779 Last Refreshed: 07/05/2019 Total Views: 19766

(Sold) Brand New Designer Bags Store For Take Over

Central AreaApparel StoresConvenience Store
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size 180 sqft / 17 sqm
  • Monthly Rental S$2,500
  • Rental Desposit S$5,000***
  • Revenue S$50K - 100K
  • Liability S$0
  • Gross Profit S$5K - 10K
  • Net Profit S$5K - 10K
  • Stock S$200,000***
  • FFE S$10,000***
  • Payable S$0
  • Receivable S$0
  • Owner Role Full Time
  • Staff 2
  • Established 2010
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner is relocating

Description


Unique
Business Proposition
We have a business that all women would love to manage. We sell brand
new designer handbags and accessories and have access to current season items
from big European fashion houses with the likes of Prada, Celine, Saint
Laurent, etc.
Ready
Made Outfit
Although we are in the business of glamour, kicking start a business is
never easy. We are looking at registering a company, dealing with the dirts of
finding suppliers, trustworthy staff to look after these valuables, dealing
with the government bodies, engaging company secretary, and most importantly
establishing a brand name in the market and collecting your client base. What
we are offering right now, is an opportunity to avoid the hassle, and jump
right into doing business.
Brand
Name
Being a newbie in an established industry is no fun at all. We give you
an opportunity to enjoy the flawless branding we have established over the
years. In our business, it is important to be able to get clients’ confidence
in our products. We have never been engaged in any legal suits or any runs with
the law.
Suppliers
We have a pool of trust worthy suppliers from which we get our stocks
from. Being 4 years in the business and selling more than 2,000 absolutely
authentic bags. We will share with you all our contacts, and other trade
secrets of the business which we are confident that even our smaller competitors
in the market are not privy to. Skip all the travelling & searching, and
uncertainties of foreign suppliers.
Shop
Space
We have been located in town since 2010, and have a loyal following
already. Good for their walk in, we have secured a shop space with minimal
rental cost. The shop is well equipped with all the necessities including
anti-theft system, CCTV, backroom, etc. You can simply just walk in and start
to do your business.
Customer
Base
We have thousands of customers in our base collected painstakingly over
4 years. These are hot leads, and include clients who have bought from us
before or are interested in buying bags in general. This base has also been screened for the
recent DNC and all have agreed to be part of our mailing list.
Facebook
followings
We have a very active Facebook community with fans from mainly
Singapore, as well as other countries in the region. To date, we have collected
about over 30K fans which have been obtained via word of mouth as well as
paying for Facebook ads.
Website
The website has been put up by a professional IT company, and is easy to
manage through a backdoor portal. Inspired by world renowned online sites, we
maintain our site to be simple and clean cut.
Staff
Getting trustworthy staff is not easy, especially in our kind of luxury
business. We have staff that is well trained in the products that we sell. They
are also trained to manage our social media sites.
Well
Priced
With a complete infrastructure as mentioned above, we are asking for
very reasonable goodwill. This is meeting the bare minimum of the costs that we
have put in to build up the business. In other words, you would also need to
fork out such funding if you were to set up the business from scratch. But now,
you can skip the effort, tears, and time and jump start to manage your own
business.







































Business Operation

12-9pm
Business Hour
Includes full inventory and furnitures
Facilities
Several well established competitors in the market.
Competition
Depending on preference of buyer, company can be expanded and also to include wholesale that can be operated from home.
Expansion Potential
Full support and training
Support and Training
NA
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
We have been located in town since 2010, and have a loyal following already. Good for their walk in, we have secured a shop space with minimal rental cost. The shop is well equipped with all the necessities including anti-theft system, CCTV, backroom, etc. You can simply just walk in and start to do your business.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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