Singapore  Singapore

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Listing Id: 19595 Last Refreshed: 09/07/2020 Total Views: 705

(Expired)Electric Skateboard Business For Sale! Only One Certified In Singapore, Monopoly In This Field!

Jurong EastAutomotive and Vehicle
Asking Price: S$100,000
Business For Takeover
Look For Investor
Look For Partner
Teo Wei Jie

Overview

  • Premise Type Office Building
  • Premise Size
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$10K - 20K
  • Liability S$0***
  • Gross Profit N/A
  • Net Profit S$5K - 10K
  • Stock S$25,000***
  • FFE S$0***
  • Payable S$0***
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2017
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Unwilling seller but focusing on studies and other commitments

Description

-Requires less technical knowledge than you think
-Very low cost overall
-Able to be run by one man
-Includes online as well as physical shop
-Unbelievably cheap rental as we have good relationship with building owner
-Will include training when handing over
-Includes inventory worth 20k-30k
-Includes all financial accounts
-Includes brand, content, social media pages and all customer/manufacturer contacts

Very profitable business as we are the only company in singapore that sells UL2272 certified electric skateboards. (Spent alot of money to aquire that cert).

Good reviews everywhere and youtube videos posted about brand.

Brand is very well known and respected in the community thus able to scale easily.

Don't miss this superb opportunity.

Do contact me at 94373311, we can chat over a cup of coffee!

Business Operation

Office and storage space with proper pantry and card lock system.
Inventory worth 20k-30k
Facilities
Nil. Current monopoly in Singapore.
Competition
Brand is already established, can explore new areas like electric bikes, electric motorcycles. (I have ideas that can share)
Expansion Potential
Full support and training will be provided until new owner is fully proficient as we don't want to see the brand dying also
Support and Training
Very little technical knowledge
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
Office space with full furniture in place, pantry, and card locking system. There is also space for storage of inventory.
Premises Details
Yes, it can work at home
Home Base
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