Singapore
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Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$5,000
Business Operations & Assets
Staff
2 Employee
Year of Incorporation
2016
Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood
Premise Size
759 sqft / 71 sqm
Rental Deposit
S$10,000
Premises Details
759 sq feet floor area
Business Details
Reason For Sale
Restructuring business to focus in other areas of trade and selling off retail operation
Description
For Takeover: Established Physical Aquarium Shop in Singapore (Retail in both freshwater & saltwater)
Business Overview:
An exceptional opportunity is available to acquire a highly regarded and established aquarium shop in Singapore. With a longstanding history of serving hobbyists and collectors, this business is a cornerstone of the aquarist community.
Retail Business Highlights:
Name: New owner to rename the shop
Location: Situated in the lively neighborhood of Ang Mo Kio Ave 10 with approx. 750 sq ft
Operational History: Over 15 years of rich legacy
Clientele: A blend of enthusiasts, collectors, and casual shoppers
Product Range: Freshwater and saltwater ornamental fish, aquatic plants, corals, and aquarium supplies
Facilities: Advanced aquarium systems and quarantine tanks
Team: Experienced staff passionate about aquatics
Financials: Profitable with robust annual growth
Reason for Sale: Business restructuring to focus on other trade aspects.
Customer Base: Sharing strong and stable customer base with over 600 Telegram followers in the saltwater community and a solid presence in both freshwater and saltwater markets.
Diverse Inventory: Opportunity to connect/partner with Fresh N Marine's online operations to boost sales.
Strong Supplier Network: Established relationships with top-tier suppliers nationwide.
Loyal Customer Base: Dedicated clientele with high repeat business.
Expansion Potential: Significant growth opportunities through online partnerships and additional services like setup and maintenance.
Assets Included:
Inventory: Curated selection of ornamental fish and related products
Equipment: High-quality tanks, filtration systems, and maintenance tools
Online Presence: Tap on established database to reach out to existing customers with affordable monthly service fee.
Financials:
Takeover Asking Price: Only S$50,000 (excluding rental deposit, negotiable)
Current Lease: $5,000 per month with a $10,000 rental deposit, expiring in September 2024 with option to extend for 1 year.
Seize this chance to own a thriving ornamental fish shop and make a significant impact in the aquatics industry!
Business Overview:
An exceptional opportunity is available to acquire a highly regarded and established aquarium shop in Singapore. With a longstanding history of serving hobbyists and collectors, this business is a cornerstone of the aquarist community.
Retail Business Highlights:
Name: New owner to rename the shop
Location: Situated in the lively neighborhood of Ang Mo Kio Ave 10 with approx. 750 sq ft
Operational History: Over 15 years of rich legacy
Clientele: A blend of enthusiasts, collectors, and casual shoppers
Product Range: Freshwater and saltwater ornamental fish, aquatic plants, corals, and aquarium supplies
Facilities: Advanced aquarium systems and quarantine tanks
Team: Experienced staff passionate about aquatics
Financials: Profitable with robust annual growth
Reason for Sale: Business restructuring to focus on other trade aspects.
Customer Base: Sharing strong and stable customer base with over 600 Telegram followers in the saltwater community and a solid presence in both freshwater and saltwater markets.
Diverse Inventory: Opportunity to connect/partner with Fresh N Marine's online operations to boost sales.
Strong Supplier Network: Established relationships with top-tier suppliers nationwide.
Loyal Customer Base: Dedicated clientele with high repeat business.
Expansion Potential: Significant growth opportunities through online partnerships and additional services like setup and maintenance.
Assets Included:
Inventory: Curated selection of ornamental fish and related products
Equipment: High-quality tanks, filtration systems, and maintenance tools
Online Presence: Tap on established database to reach out to existing customers with affordable monthly service fee.
Financials:
Takeover Asking Price: Only S$50,000 (excluding rental deposit, negotiable)
Current Lease: $5,000 per month with a $10,000 rental deposit, expiring in September 2024 with option to extend for 1 year.
Seize this chance to own a thriving ornamental fish shop and make a significant impact in the aquatics industry!
Facilities
Full complete aquarium sets with filtration systems
Fully air-conditioned
Freezer and Fridge
Packing stations, Counters, Dry Good shelvings
Display Aquarium Sets
Inventories and livestock
Fully air-conditioned
Freezer and Fridge
Packing stations, Counters, Dry Good shelvings
Display Aquarium Sets
Inventories and livestock
Buyer Support & Terms
Support and Training
The new owner will receive technical support and training to ensure smooth business operations. Additionally, advertising assistance will be provided to facilitate the transition and promote the new ownership.
Background & Skills
Aquarium keeping experience
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