Due to personal stage planning, the seller intends to step away from daily operations after a proper transition period and is therefore considering a full sale of the business.
Description
Overview
A Singapore-based operating smart home products business is available for full acquisition. The company focuses on smart door locks and smart drying rack systems, with an established business platform already in place. The business operates through both physical retail outlets and online sales platforms, making it suitable for buyers who want to acquire a functioning operation and enter the Singapore market quickly.
Indicative Financial Snapshot Average monthly revenue: approx. S$140,000 Average monthly net profit: approx. S$40,000 Seller’s current monthly salary: approx. S$8,000 Business performance has been generally stable
Key Highlights Established and operating Singapore business Core products include smart door locks and smart drying rack systems Existing retail + online platform dual-channel sales model Business is not dependent on a small number of fixed key customers Operations are not fully dependent on the seller’s daily on-site involvement Business is expected to continue operating at a strong level after transition Buyer can take over an existing platform, channels, and operating structure, saving significant setup time
Suitable For Business owners seeking a faster entry into the Singapore market Owner-operators looking for an existing business platform Strategic buyers seeking regional expansion Investors who prefer acquiring a functioning operation rather than building from zero
Transaction Notes Seller prefers a 100% share sale Asking price: S$1,500,000 Seller is open to a reasonable due diligence process Short-term transition support can be provided for a smooth handover
All listings, including descriptions, data, and images, are provided by the seller or their representatives. We do not verify the accuracy, completeness, or authenticity of any information and offer no guarantees or warranties.
Any disputes, claims, or decisions arising from the information provided in listings are solely between buyers and sellers. Learn how to avoid scam.
Singapore