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Listing Id: 38620 Last Refreshed: 27/10/2025 2947 Views

Investor needed for new start up (MobileFlexi)

Expired
Asking Price S$50,000
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This listing is no longer active and is not accepting enquiries.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
Not Provided

Business Operations & Assets

Owner Role
Investor
Premise Type
Commercial Street

Business Details

Reason For Sale

Investors needed

Description

πŸ“£ Business Pitch: MobileFlexi

Business Concept:
MobileFlexi is a Online retail start-up offering mobile devices with flexible monthly repayment plans β€” giving customers the convenience of owning the latest smartphones without heavy upfront costs. We cater to working adults, students, and anyone seeking affordability, flexibility, and security.

Problem:
Many consumers want high-end mobile devices but can’t afford full payment upfront. Traditional telco contracts are restrictive and require long-term commitments or credit checks, excluding a large portion of the market.

Solution:
MobileFlexi provides interest-based installment plans (3, 6, 9,12,18 or 24 months) for purchasing mobile devices.
Each device under an installment plan comes with custom-installed phone and SIM lock software, preventing unauthorized resale, SIM changes, or usage if payment defaults occur. This ensures customer flexibility and seller protection.

Competitive Edge:
Proprietary lock software system to secure repayment.
Fast approval – no lengthy credit evaluation.
Multiple plan options (3–24 months).

Target Market:
Working adults aged 18–40 in Singapore.
Gig economy workers (Grab, Foodpanda, etc.) needing reliable phones.
Students and young professionals.

Funding Goal:
We seek SGD 50,000 to 80,000 from each investor (up to 5 partners) to fund:
Initial inventory of 50 to 100 mobile devices.
Store setup (online platform).
Software integration for phone lock management.
Marketing and operating costs for 12 months.

Projected Returns:
Break-even expected within 12–15 months.
Estimated ROI: in Year 2 through installment profit margins.

Vision:
To become one of Singapore’s leading flexible mobile retail brand, providing secure and accessible ownership for every customer
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