Singapore  Singapore

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Listing Id: 23817 Last Refreshed: 18/09/2021 Total Views: 2025

(Expired)Leading Wholesaler Trading For Takeover

WoodlandsApparel Stores
Asking Price: S$3,000,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue S$150,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$50,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Migrating

Description

The Company is a leading distributor in apparel and athletic footwear.

The Company is known for its efficiency, reasonable pricing, and dependability.

Key products distributed by the Company include Sport Shoes, Polo Shirts, Socks, Sandals and Track Pants.

The Company current workforce consists of three people; two locals and one with a work permit.

The average estimated net profit for the past three years is $400,000 yearly.

The current inventory is estimated to be valued at $200,000.

Existing equipment and assets include one company van, a self-owned warehouse (worth 600K) and a personal car under company name.

The Company have many loyal customers, and the sales are stable.

The asking price is S$3 million.
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