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Listing Id: 28473 Last Refreshed: 31/07/2023 4256 Views

Selling all hardware Stock at below whole sales prices

Expired
Asking Price S$28,700
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This listing is no longer active and is not accepting enquiries.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
S$0

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2010
Owner Role
Part Time
Premise Type
Work at Home
Premise Size
3000 sqft / 279 sqm
Premises Details
I have listed my products for sales on several popular platforms like Shoppe , Lazada etc
I do not have a physical shop.

Business Details

Reason For Sale

Have other business unable to cope

Description

I have been operating on a part time basis this profitable sole proprietorship  business in  Singapore for over 13 years.

I sell hardware stock to the shipyards , motor workshops , frozen foods suppliers etc

I plan to sell off my entire hardware stock  and exit this business.

I am offering at a  very good prices to anyone to buy over the entire stock at below whole sales prices

My stock consist mainly of cotton hand gloves , Jean gloves , masking tape , penknife , steel trowel , safety glasses , safety goggles

For details , please refer to the attached inventory list with unit prices.


Facilities

I am selling my stocks consist mainly of cotton hand gloves , Jean gloves , masking tape , penknife , steel trowel , safety glasses , safety goggles etc
Please refer to the attached inventory list with unit prices.
My prices are significantly lower than many whole sales prices.
You can achieve higher profit when you sell to corporate clients as compare to getting the stocks at a higher price from the whole sales seller.
My prices are cheaper than many Alibaba manufacturers prices and you are not restricted with the MOQ as compare to when you order from overseas manufacturers.
My price to take over the entire hardware stock is S$28,700
However , I am open to allow the buyers to pick and choose items that are of interested to them. We can further discuss the detail.

Competition

Buyer will be able to compete on prices with many hardware shops and still be able to achieve reasonable profit margin.
Any hardware shop owners wanting to buy hardware stocks at a good prices.
My annual gross profit before the covid range from $50K to $200K

Expansion Potential

I will provide to the buyer FOC the name list of my corporate clients , overseas manufactures and forwarding agents for them to continue the hardware business. My corporate clients are from the oil and gas industry , motor workshops , steel workshops and frozen food suppliers.
I will help the buyer after they buy over the stock with any issues related to this hardware stock take over offer for 2 month that they may face while continuing with the business.
Please take note that I am operating a sole proprietorship business.

Buyer Support & Terms

Support and Training

2 months

Background & Skills

have some engineering knowledge and marketing skill
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