Singapore  Singapore

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Listing Id: 38620 Last Refreshed: 27/10/2025 Total Views: 2891

(Expired)Investor needed for new start up (MobileFlexi)

YishunMobile AppsMobile Shops
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Investors needed

Description

📣 Business Pitch: MobileFlexi

Business Concept:
MobileFlexi is a Online retail start-up offering mobile devices with flexible monthly repayment plans — 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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