Singapore  Singapore

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Listing Id: 31778 Last Refreshed: 13/05/2024 Total Views: 298

Luxury Furnishing Retailer For Sale In Singapore

Central AreaFurniture ShopsFurniture and Fixtures ManufacturersFurniture Stores
Asking Price: > S$5M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$2,500,000***
  • FFE N/A
  • Payable N/A
  • Receivable S$1,000,000***
  • Owner Role Full Time
  • Staff 30
  • Established 1990
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Senior age owners intend to retire.

Description

Prestigious Designer Furniture Retailing Group
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Operating as a premier brand for more than 20 years, this company specializes in offering exquisite European furnishing tailored to discerning individuals.

• A renowned designer furniture retailing brand
• Multiple physical and online presence in Singapore
• Long term strong partnerships with top European designer brands
• Strong business resilience against economic turbulence and pandemic with breakthrough growth even during tough times
• Revenues circa SGD$7m in past years 2022 and 2023
• 3 years revenue CAGR 8.9% and gross margin CAGR 8.8%

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This presents an ideal opportunity for investors or acquirers looking to enter or expand within the home furnishing industry. This opportunity pertains to an outright full sale and is intended for serious inquiries only

For further information and a detailed discussion, please reach out to us at info@businessvaluation.com.sg or call 6950 1120 / 8849 8462

Business Operation

Several retail fronts in popular shopping malls in Singapore and neighboring country.
And fulfilment warehouses in both countries as well.
Facilities
Ample support and training will be provided, depending on the preferences of new owner. Current owner is willing to stay on for reasonable period of time to assist in handover of business operations.
Support and Training

Property Information

Rent
Premise Status
Send Enquiry
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