Singapore  Singapore

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Listing Id: 31275 Last Refreshed: 08/07/2024 Total Views: 2270

***** Profitable Online florist with Retail outlet at Central Sg *****

Central AreaEcommerce Websites and Online StoresFloristsGift Shops
Asking Price: S$120,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size 440 sqft / 41 sqm
  • Monthly Rental S$3,400
  • Rental Desposit S$10,500
  • Revenue S$50,000
  • Liability S$10,500
  • Gross Profit S$25,000
  • Net Profit S$10,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2004
  • Source Direct Seller

Reason For Sale

owner retiring

Description

Established florist with over 20 years in business. Regularly featured as one of the top florists in Singapore in online blogs and magazines.
Turnkey operation - everything you need to thrive is included. All hardware, unique original designs, customer base, optimised website with strong online presence, well taught website design for both users and store owners, seamless, copyright images, good ranking and reviews.
Current physical store located at central Singapore at the entrance of MRT exit.
Perfect for someone with a creative flair and a love for making people happy. This florist business is suitable for aspiring entrepreneurs looking to setup his/her own floral business or to engage an experienced florist to manage the business.
Owner with 20 Years of managing offline and online florist business will transfer knowledge (operations, floral arrangement, knowhow, strategy, website maintenance, etc) to the new owner. Business comes with an established website with a proprietary and custom-built florist-specific functionalities not found in other normal like Shopify, no monthly subscription fees).
Owner retiring and scaling down on the business, looking for someone to takeover the business. Preferably someone who have the passion in the floristry industry

Business Operation

fridges, computer, CCTV, cash register.
Complete ecommerce solution, SEO optimised, social media, blog articles, customer base, email newsletters, local and overseas orders.
Local and international websites.
Facilities
There are other flower shops
Competition
Expand Your Retail Footprint: Open New Stores Strategically: Increase brand awareness and accessibility by opening new locations in high-traffic areas, popular shopping districts, or near complementary businesses. This strategy attracts new customers and strengthens your brand presence.
Offer Customization and Personalization:
Cater to Individual Needs: Provide options for customers to personalize their preserved arrangements. This can include specific themes, color schemes, or incorporating special touches for a unique selling proposition and attracting a niche clientele.
Build Profitable Partnerships: Partner with Businesses in Your Industry: Forge relationships with wedding planners, event organizers, interior designers, and similar businesses. Offer wholesale pricing, bulk order discounts, and exclusive arrangements to become a preferred supplier in the event and home decor sectors.
Collaborate for Increased Visibility: Team Up with Influencers and Brands: Partner with established brands, influencers, or designers to leverage their audience and gain valuable exposure. Explore collaborative efforts, co-branded collections, or licensing agreements to attract new customers who are fans or followers of your partner.

Become an Industry Expert: Host Educational Workshops and Classes: Generate additional revenue and establish yourself as a leader in the field by offering workshops, classes, or DIY sessions on preserved flower arrangement techniques. Educating and inspiring potential clients fosters repeat business and positive word-of-mouth referrals.
Create Recurring Revenue Streams: Develop Corporate Gifting and Subscription Services: Design unique and long-lasting corporate gifting packages and subscription services. Target businesses that value these options for clients and employees, generating long-term contracts and recurring orders.
Expand Your Product Range: Offer More Than Just Arrangements: Attract a broader audience by diversifying your product line beyond preserved arrangements. Include complementary items like dried flower wreaths, botanical home decor, scented products, or gift sets to cater to various customer preferences.
Expansion Potential
proper handover with training up to 1 month
Support and Training

Property Information

Rent
Premise Status
2+1
Lease Term
440 sf leased premises with option for extension and renewal. Just outside CBD. Ground floor unit facing road and mrt exit with car parking facility for easy cash & carry
Premises Details
Yes, it can relocate to other place
Relocatable
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