SingaporeOverview
Financial Performance
Revenue
S$50K - 100K
Gross Profit
S$50K - 100K
Net Profit
S$20K - 50K
Monthly Rentalt
S$1,800
Business Operations & Assets
Staff
1 Employees
Year of Incorporation
2021
Owner Role
Part Time
Premise Status
Rent
Premise Type
Office Building
Premise Size
400 sqft / 37 sqm
Rental Deposit
S$3,700
Premises Details
Warehouse space in an industrial area.
Business Details
Reason For Sale
Focussing on other businesses
Description
Company incorporated from 2021, very profitable. No retail showroom, only warehouse space currently. Skills regarding the luxury industry will be taught and passed over to the buyer, willing to be present to guide for many months- year if needed. Owner can choose to work from home and be more hands off etc while staff handles photography, packing and other miscellaneous aspects.
Facilities
All luxury goods inventory will be handed over
Competition
There will always be other luxury good sellers but there are significant barriers to entry
Expansion Potential
Buyer may choose to open a retail location as a showroom or do other overseas selling etc (more details can be discussed)
Buyer Support & Terms
Support and Training
Support and training for many months-year will be handed over
Seller Financing
Yes, seller financing is available.
Partial payment accepted first
Partial payment accepted first
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