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Listing Id: 26273 Last Refreshed: 22/03/2023 1062 Views

Premium D.I.Y & Home Decor Business With Exclusive Retail Licenses For British & American Brands

Expired
Asking Price S$200K - 500K
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This listing is no longer active and is not accepting enquiries.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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2018
Owner Role
Full Time
Premise Status
Rent
Premise Type
Office Building

Business Details

Reason For Sale

Change in personal circumstances

Description

A premium Do-It-Yourself and Home Decor Business based in Singapore, with exclusive retail licenses for well known British & American D.I.Y brands. The business offers e-commerce and in-office consultations, conducts creative workshops and offers design services for homes. 


The business has grown 3X in 4 years, and has built a unique and well-known brand, identified with its creative and colourful personality and it's range of indpendent quirky product range. It has been widely featured in the media including the Straits Times, Singapore Women's Weekly, Home & Decor Magazine, Expat Living Singapore, The Finder, ONE FM 91.3 and Mediacorp Suria TV channel. 


Apart from e-commerce, the business has partnered with a range of small and large businesses, artists and design houses. 


The business has excellent potential for growth and further expansion, including the following:

  • Geographical growth within Singapore - new store/locations/kiosk model

  • Geographical growth in South East Asia 

  • Expansion of services in Singapore through investment in direct to customer marketing and expanding B2B partnerships 

  • New lines of business including interior design and styling, brand design and development, etc.

  • New product categories/brands - invest into new retail categories and brands in the home decor, DIY and lifestyle space 


Franchise

Yes, this is franchise business.
The business holds exclusive retail agreements for a range of D.I.Y brands from the U.K and U.S.A for the Singapore and SE Asia markets. As these are exclusive 'Stockist' agreements, the terms are flexible and fairly easy to manage.

Buyer Support & Terms

Support and Training

Complete support and training provided

Background & Skills

Buyer should be creative and have a passion for home & styling
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