Listing Id: 22746
Last Refreshed: 27/07/2021
Total Views: 1011
(Expired)Online Apparel E-Commerce Store
Choa Chu KangApparel Stores
Asking Price: S$10,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$150
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Rental Desposit
S$750***
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Revenue
S$450
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Liability
N/A
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Gross Profit
S$333
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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
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Owners are occupied, can't commit
Description
Business is selling basic apparels online. Started with the intention of "Basics in every wadrobe".
Selling business at cost - $10,000:
- Inventory ($8,697.88)
- Website [Will assist in transfer of ownership] ($1,180.48)
- Prepaid Rental ($750)
- Platform stores [Shopee/Qoo10/Carousell]
- Will guide you on how business is being operated currently
- Will transfer ACRA [Will assist in transfer of ownership]
Will provide on request:
- Financials (Sales/P&L/Inventory/Expenses)
- URLs to webpages and platforms
- Social media account handles
Business details:
- Business has decent customer base on SHOPEE (354 Reviews, 4.7 star rating)
- Total shirts sold 1548
- Business has available inventory ready for fast shipment locally
- Photoshoot for products were done in 2020
Business issues:
- Business spent minimal expenses on marketing (i.e. social media)
- Current business owners have invested little time into business due to other commitments
Business potential:
- Online sales, minimal overheads
- Pricing strategy (Currently being sold at low price, you can mark-up)
- Brand & marketing strategy (brand repositioning and higher marketing ad spent may increase revenue figures)
Images are examples of products sold
For serious buyers only, please contact
Singapore