Singapore  Singapore

Post Ad
Listing Id: 34390 Last Refreshed: 04/12/2024 Total Views: 327

E-Commerce Business

Boon LayEcommerce Websites and Online StoresFurniture StoresGift Shops
Asking Price: S$200,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size 8000 sqft / 743 sqm
  • Monthly Rental S$12,000
  • Rental Desposit S$24,000
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$200,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 5
  • Established 2016
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Partners wish to pursue other personal goals and plan to relocate overseas.

Description

We are offering our well-known and successful home and living e-commerce business for sale, with a strong presence on Lazada, Shopee, and our official store. Over the past seven years, the business has completed 100,000+ transactions and gathered more than 10,000+ genuine positive reviews across platforms.

We kindly request to engage only with buyers who are sincere and capable of proceeding with the transaction.

ABOUT THE BUSINESS:
The business specializes in recession-proof home essentials and small furniture, including sofas, study tables, cabinets, mattresses, bedsheets, bean bags, aroma diffusers, pillows, and more.

REASON FOR SALE:
We, the managing partners, have decided to sell as we pursue other personal goals and plan to relocate overseas. We have no rush to sell and no financial issues; we are only seeking a sincere and capable buyer who can work with us for a smooth takeover.

Important Note: You are taking over the digital assets and the business operations and assets related to this division. We are not selling the entire company, as we continue to manage other ventures, including trading and investments. You will take over the assets with no debts or any liabilities.

What Will You Be Getting?
-The Full Ongoing Business: Two Lazada stores, two Shopee stores, an official website, and social media pages, all with thousands of positive customer reviews.
-Brands and Trademarks: Includes our established brands, trademarks, and house brands.
-Supplier Networks: Comprehensive supplier lists (local and overseas) to ensure seamless operations. We will properly introduce you to the suppliers.
-Distribution Networks: We also distribute some products to other stores in Singapore. You may continue to sell to their stores.
-Training and Support: Comprehensive training and ongoing support from us for a smooth transition.
-Get sales and transactions from day one of taking over—this is our promise.

Staff Takeover (Optional)
-2 Directors (owner), management role
-2 Warehouse Packers
-1 Warehouse Logistics
-Freelance designers and copywriters (pay-as-needed basis).
-Subcontracted accounting services.
-Seasonal part-time warehouse staff during peak shopping periods.

Warehouse Takeover (Optional)
-An X8,000 sq. ft. warehouse cum office in the west area, rented at $1.40 per sq. ft., with a lease ending in end of 2026, option to extend.
-Includes fittings, air-con, partition office, office furniture, equipment and racking systems at no additional cost (FREE UPON TAKEOVER - worth S$120k).
-Immediate operations enabled. If you have your own warehouse, you can choose not to take over the warehouse.

Delivery Management:
Fully subcontracted to trusted local courier companies, including J&T Express and Ninja Van.

Financial Transparency & Legal Protections:
-Debt-Free Takeover: No debts, ongoing legal cases, or liabilities.
-Non-Competition Clause: Partners will sign a non-competition agreement.
-Due Diligence Support: Sales statements from platforms and the official website will be matched with bank statements for your review. We will also log in with you to verify platform backends.
-A professional agreement and memorandum will be drafted, incorporating our commitments outlined above. This ensures both parties are fully protected and aligned.

Training & Handover Support:
-1 Month Face-to-Face and onsite Training: For a seamless transition.
-We will ensure a proper and seamless introduction to all suppliers for a smooth transition.
-Thereafter 6 Months Ongoing Support: Available via Zoom, WhatsApp, phone calls, and in-person meetings.
-You may also request one of the managing directors to remain and continue to work for you for a period of time to manage the operations as usual. We are open to discussing this option further.

ASKING PRICE: SGD $160,000 (Non-Negotiable)
-Equivalent to approximately just 1.5 month’s business revenue.
-Includes goodwill, ongoing business operations, online stores, platforms stores, distribution networks, social media, supplier lists, and training.

INVENTORY COST (Negotiable with the option for seller financing)
-Estimated SGD $150,000–$200,000.
-Inventory will be stock-taken on the day of takeover and transferred to you based on cost price (our stock keeping is capped at max SGD $200,000).
-We are open to partial seller financing. We can loan you the inventory and you repay us gradually as you sell the items. This option is negotiable if you are sincere about the deal and take over the warehouse to minimize downtime.

Warehouse Deposit to Landlord (Optional):
-Two months’ rent (~SGD $24,000) if you opt to take over the warehouse.

Annual Revenue: SGD $1.4M

Monthly Revenue: SGD $120,000
Monthly Cost of Goods: please contact seller
Monthly Rent: -SGD $11,000
Monthly Salary for 3 Warehouse Employees: please contact seller
Monthly Salary for 2 Directors: please contact seller
Monthly Accounting Fee: please contact seller
Monthly Subscriptions: please contact seller
Monthly Advertising & Commission: please contact seller
Monthly Freight & Delivery: please contact seller
Miscellaneous Expenses: please contact seller
MONTHLY PROFIT: SGD $14,150
ANNUAL PROFIT: SGD $169,800

Buyer Requirements:
-Based on the above, interested buyers should have the financial capability of at least SGD $160k to SGD $200k. We will only engage with sincere and capable buyers.

Why This Opportunity?
This is a rare chance to take over a thriving e-commerce business with a strong market presence and established systems. Whether you choose to retain the current team or bring in your own, the flexibility of this setup allows for a smooth transition.

If you’re interested in this exciting opportunity, please contact us directly. Sincere and capable buyers only. Note: The above figures have been rounded for clarity and ease of understanding. Please note that all financial figures are presented before taxes, levies, and CPF contributions. We do not accept liability for any discrepancies arising from the use of these numbers. Should you wish to proceed, we will get professionals to draft a formal agreement and memorandum outlining our commitments, detailed terms, and conditions to ensure that both parties are fully protected and aligned. For further information or comprehensive details, please contact us directly.

Business Operation

6 months
Support and Training

Property Information

two years
Lease Term
Warehouse Takeover (Optional)
-An 8,000 sq. ft. warehouse cum office in the west area, rented at $1.40 per sq. ft., with a lease ending in 2026.
-Includes fittings, office furniture, and racking systems at no additional cost (FREE).
-Immediate operations enabled. If you have your own warehouse and choose not to take over the warehouse, we will handle it.
Premises Details
Yes, it can relocate to other place
Relocatable
Send Enquiry
Please send enquiry in English, Chinese
Your Name*
Mobile Number*
Email*
Message
/

Just a moment... we are processing the request