Singapore  Singapore

Sell a Business

Listing ID: 21943 Last Refreshed: 28/04/2021 Total Views: 1852

Lazada & Shopee Singapore Accounts Selling Speed Cubes.

Bukit Batok

Asking Price: S$88,000
  • Premise Type Work at Home Premise Size N/A
  • Monthly Rental S$0 Rental Desposit S$0***
  • Revenue S$5K - 10K Cash Flow N/A
  • Gross Profit Under S$5K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Part Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Lincoln Yeo

Reason For Sale

Have to let go of this profitable side hustle as it's taking more and more time with sales and traffics increasing.

Description

Lazada & Shopee Singapore accounts selling Speed Cubes.

Cubling's Lazada Store: https://www.lazada.sg/shop/tentenclicker/

Cubling's Shopee Storehttps://shopee.sg/tentenclicker/


I started CUBLING around Sep 2019 as a side hustle out of my interest in speed cubing. It turns profit in 2020 with revenue of $84,000. Revenue for Q1 2021 is at $36,000. 


I never thought to scale the business because I like to do things alone, and I also make sure the variations of my speed cubes is around 30 models, because there is only so much one person can do. But traffic and sales are increasing and I know that I won't be able to handle it alone anymore in 2021. 


I currently have around $24,000 worth of inventory at cost price, and I'm looking to sell the business at $88,000 which include invertory.
My phone is only switch on from 2pm-4am if you want to call me, otherwise e-mail will be great. 

Thanks 
Lincoln Yeo

Property Information

Rent
Premise Status

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