Listing Id: 23860
Last Refreshed: 02/10/2021
Total Views: 1484
(Expired)*Leading Fitness Trademarked Brand & Online Business For Sale*
Central AreaGyms and Fitness CentersEquipment Dealers
Asking Price: S$128,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
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Monthly Rental
S$600
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Rental Desposit
N/A
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Revenue
S$28,750
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
2
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Established
2014
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Source
Direct Seller
Reason For Sale
Owners moved on to different paths and decided to let go brand and business
Description
Leading Trademarked Fitness Brand in Malaysia(Stronghold) & Singapore looking to sell off both business markets together.
Who we are:
Leading Brand in Fitness Equipment Distributing Market. We hold several commercial brands and a prominent USA brand rights in Malaysia/Singapore.
We specialize in distributing and wholesale quality commercial and home fitness equipment. Reputable and well known company (7.5 years)
Our business is 90% via online/ e-commerce.
Audited Account Facts:
Average Annual Sales Revenue
Malaysia: (RM1million++ = S$345k approx) (Malaysia)
Singapore: (Dormant, expanded into SG right before covid)
Selling Price:
S$128k (Not inclusive inventories)
Sale includes:
- Both Sdn. Bhd. & Pte. Ltd. company to be sold
- Our trademarked Brand
- Warehouse located in J.B., johor,
- All E-commerce businesses and platforms
- Massive Cliental and information in Malaysia Market (7.5 years)
- Approx. 90k followers on social media from 5-6years worth of legitimate paid marketing campaigns
- Strong Social Media Presence and Marketing
- Both of our Singapore and Malaysia E-commerce websites
- Sale price includes logistics, warehouse racks & fixtures
- Exclusive brands distributorship rights in Malaysia and Singapore.
Who is this business for or most likely suited?
Fitness enthusiasts,
Fitness leaders,
Fitness Brand leaders,
Brand specialists,
E-commerce enthusiasts
Motivated driven individuals
We are only looking to sell and not interested in partnerships so please be mindful.
(2 months handover support will be given) Thank you!
Business Operation
Ground level warehouse located in J.B. (relocatable)
Facilities
We are current Market Leaders in this field in Malaysia thus not much competition.
Competition
Very much expandable with current Brand stronghold and rights.
Expansion Potential
2 months support and training available.
Support and Training
Property Information
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base