Singapore  Singapore

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Listing Id: 22648 Last Refreshed: 26/08/2021 Total Views: 1003

(On Hold)Online Grocery Business

Central AreaOnline Shops
Asking Price: S$200,000
Business For Takeover
Look For Investor
Look For Partner
Vibin

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  • Overview
  • Reason For Sale
  • Description
  • Property Information

Overview

  • Premise Type Commercial Street
  • Premise Size
  • Monthly Rental S$1,900
  • Rental Desposit S$3,800***
  • Revenue S$10K - 20K
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Shortage of investment for marketing and bulk stock intake

Description

Online Grocery Business:

(1) Website and app (android + iOs) avaialble.
(2) Warehouse/ office space at Little India , less than 3min walk from MRT
(3) Requires only 1 or 2 person at office to fulfill orders.
(4) Annual revenue: 2020 - ~SGD298K; 2021(till mid July) : ~SGD110K
(5) Revenues are based on ~220 working days annually. (5 days work per week, off on public holidays, market cleaning days etc.)
(6) Reason to Sell: Shortage of capital for marketing and bulk stock intake.
(7) Asking price: SGD200000/- (excluding broker comission)

Property Information

Rent
Premise Status
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