Listing Id: 22193
Last Refreshed: 11/05/2021
Total Views: 352
(Expired)Lighting Retail And Wholesale Business For Sale
Kallang/WhampoaRetail ServiceWholesale and Distribution
Asking Price: S$800,000
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$5,000
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Rental Desposit
S$10,000***
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Revenue
S$60,000
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Liability
N/A
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Gross Profit
S$24,000
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Net Profit
S$2,000
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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
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Too stress and tiring as getting old
Description
We are operating a lighting business on retail, wholesale and also electrical services. We have 2 retail
shops , 1 wholesale department and also 1 service team. We have been operating in this lighting trade for 27 years,
have built up a strong reputation in the neighbourhood , and also strong customer base. We have our long term wholesale
customers of many years who have supported us in the past . We have also many regular customers and also neighbourhood customers who have bought lightings from us and also engaged our services to repair their lights . However, having worked in this industry for so long, age is catching up and most important , the kids are not keen to takeover the business. After some consideration,
we decided to sell away the business , so that the business can go on and my staffs can keep their job .
Singapore