Singapore  Singapore

Sell a Business
Listing ID: 13207 Last Refreshed: 20/07/2021 Total Views: 21212

[July 2021] One of the largest online LEGO parts store in Singapore

TampinesOnline ShopsToy Shops
Asking Price: S$100,000
  • Premise Type Work at Home Premise Size 10sqft
  • Monthly Rental S$0 Rental Desposit S$0
  • Revenue Under S$5K Cash Flow Under S$5K
  • Gross Profit N/A Net Profit Under S$5K
  • Stock S$154,830*** Liability S$0***
  • Payable S$0*** Receivable S$0***
  • FFE S$0*** Established 2017
  • Owner Role Part Time Staff 1
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Quarterly average
  • ***Not inlcude in the selling price
Cash Chong
Email Owner

Reason For Sale

Focus on new business venture

Description

LEGO is one of the most popular toys of all time and is a household name all over the world. It's fun for children and adults of all ages. It has an incredible history dating back over 80 years. Recently, the number of adult LEGO enthusiast grew over the years and the LEGO community began to design and built without any instruction which known as My Own Creation (MOC).

Back in September 2014, we found that there are limited stores in Singapore which offers loose LEGO parts for LEGO enthusiast to build their own MOC. Hence, we began to stock up gradually and became one of the largest online LEGO parts store in Singapore which offers around 150,000 different type of LEGO parts.


SgBrickhouse were founded by a pair of LEGO enthusiasts. We are looking for people to take over the business as we decided to go venture and focus at another business. The inventories are stored in Bricklink.com (Bricklink is an online marketplace for LEGO parts buyers and sellers). We have a reputation of selling only brand new and authentic LEGO parts. As of 13th July 2021, SgBrickhouse has received a total of 726 feedbacks with 718 Praise, 6 Neutral and 2 Complaint.

The business are online based so you dont need spent any cost to rent a shop or store. You can run this business remotely and do not need much marketing. You would need to check if there are any orders daily, pack the orders and arrange for either self collection or postage option. All inventories are properly sorted out and packing orders can be done within a short period of time.


This business mean alot to us, we have managed to scale this really quickly and my team has learnt alot through this journey, we will be able to provide guidance to the buyer on how to run this and once you have the know-hows, you can scale and expand this really quickly. 

Over the past years, we managed to have a constant withdrawal of $400 monthly.


During the Covid period (2020 to 2021), the business has strived greatly as more people are either working or studying from home.
LEGO had become one of the main activities for families, creators and collectors.

In additional, we had also branch out to another marketplace to sell our LEGO parts since July 2020. In order to support these growth, we had increased our inventories from $100k worth to $150k within a short period of time.


DONT MISS OUT On THIS DEAL! Let us know if youre interested!


Core Businesses:

- Selling of LEGO parts to LEGO enthusiasts


What you get:

- Inventories of LEGO parts sorted according to respective category worth around $150K

- Passive Sales / Passive Income

- Ecommerce store in Bricklink.com and Brickowl.com with Good Online Presence

- Relevant Training and advise

Business Operation

24 hours
Business Hour
Full support and training will be provided to ensure a smooth takeover.
Support and Training
No specific skills are required.
Background & Skills

Property Information

0
Lease Term
Can do at anywhere
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Email Owner
Please send enquiry in English
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