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Listing Id: 30066 Last Refreshed: 17/11/2023 744 Views

Cycling Related Retail Shop With Distribution Rights In Several Countries For Sale Or Investment

Expired
Asking Price S$100,000
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This listing is no longer active and is not accepting enquiries.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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$3,500

Business Operations & Assets

Owner Role
Investor
Premise Status
Rent
Premise Type
Shopping Mall
Rental Deposit
S$7,000 Price Included

Business Details

Reason For Sale

Lack of Time Running Multiple Businesses

Description

This is an extremely unique business which is fun and exciting for like-minded investors or business owners. The business has a retail street level store in CBD and is accessible by MRT stations (5-10min walk). 


The business carries the biggest major brands in the product segments it operates in and have the distribution rights for one of the most sough after names in its niche business. There is a lot of potential in growing the business both locally and regionally as the outreach by current owners are not fully developed due to their other full time work commitments.


Buyers will take over stocks at value, remaining rental lease and deposit (about 1 year left) and a goodwill sum of $10,000 or share of profit negotiable. This will cover all the training, introduction to stakeholders and partners and database of more than 2000 customers. 

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