Listing Id: 14770
Last Refreshed: 12/06/2020
Total Views: 4976
(Expired)Brand Owner and Distributor of Outdoor Furniture For Sale
Central AreaFurniture and Fixtures Manufacturers
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
> S$1M
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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
N/A
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Established
2006
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Source
Broker
Reason For Sale
Owner Retiring
Description
The owner of a world-class brand of outdoor furniture seeks a buyer for the business.
The product range includes alfresco, poolside, synthetic wicker and other outdoor furniture of contract and commercial quality. Recently, the company extended their product range to include indoor commercial-grade furniture, and this has seen very encouraging growths. They also provide re-upholstery services. Besides Singapore, where the company has very significant market shares in the hotel and resorts sectors, the products are also sold in the Middle East and other Asia Pacific countries.
The company has its head-office and showroom in Singapore, with sales agents in the region.
This is an excellent opportunity to own a well established brand name with a niche in the furniture industry. The owner sees growth prospects coming from the expanding hotel and leisure industries, and the new owner can leverage on the excellent brand reputation to expand in both its current and new markets.
For a preliminary discussion, email us at: bizcoach@singnet.com.sg