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Listing Id: 32784 Last Refreshed: 04/09/2024 1213 Views

More than 10 year old Retail brand looking for new owner for immediate takeover or partnership.

Expired
Asking Price S$18,888(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$25,000
Gross Profit
S$12,000
Net Profit
S$5,000
Monthly Rentalt
S$9,000

Business Operations & Assets

Staff
4 Employee
Year of Incorporation
2013
Owner Role
Part Time
Premise Type
Shopping Mall
Premise Size
450 sqft / 42 sqm
Rental Deposit
S$27,000
Premises Details
3 locations.

Business Details

Reason For Sale

Venturing into another business, not enough time to to focus.

Description

Box Rental / Consignment Shop, helping small business owners to start up at super low costs.

Multiple income stream business
- Sales from Own inventory
- Box rental
- Online platform
- Shoppee collection point

Currently focusing on other businesses, lease is almost up but feeling it’s a waste to close the brand. Looking for interested business owners who have time to focus and continue the business for passive income stream. Not difficult to manage. Will help for as long until new owner knows how to take over.

Contact me at 88780624 Bevan.

Facilities

Stocks, customer database who are renting and rented before, strong fb page with 10k followers.

Competition

Online platform and manpower

Expansion Potential

Online platform and possibly the only box shop left in Singapore.

Buyer Support & Terms

Support and Training

Will assist till u are ready. To be discussed further.

Background & Skills

Retail or online sales background
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