Listing Id: 26273
Last Refreshed: 22/03/2023
Total Views: 985
(Expired)Premium D.I.Y & Home Decor Business With Exclusive Retail Licenses For British & American Brands
Central AreaDecoration Materials ShopsHome Accessories ShopsOnline Shops
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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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
2
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Established
2018
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Source
Direct Seller
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
Business Operation
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.
Franchise
Complete support and training provided
Support and Training
Buyer should be creative and have a passion for home & styling
Background & Skills
Property Information
Yes, it can relocate to other place
Relocatable
Singapore