SingaporeOverview
Financial Performance
Revenue
S$50K - 100K
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$1,000
Business Operations & Assets
Owner Role
Full Time
Premise Type
Shopping Mall
Rental Deposit
S$1,000
Price Included
Business Details
Reason For Sale
Taking over family business
Description
Top rated and well known seller in shopee Singapore and Lazada Singapore in the electronics, lifestyle and camera section with good branding. High sales revenue with great potential. Well estabished International Website and available on several SEA platforms (Difficult to setup). Year 2020 Revenue Accumulative ~900k for one division.
Well established links to suppliers (China, Hong Kong, Europe, Americas) , overseas platforms (Philippines and Malaysia) and has dedicated account managers for online platforms. Stable Marketing and good supply management strategy enables easy transition and handover.
Suitable for companies who are struggling with online presence on e-commerce platforms, want to increase and electronics portfolio in Singapore, Philippines and Malaysia. Low inventory count with no excess ensures that business can be easily taken over with your own choice of goods you want to sell.
If name change is required, it’s easy to change name to your parent company or choice of name. Owner will assist if required
Low rental (renegotiated in Circuit break phase 2) and upkeep. Efficient business with showroom at CBD area. Business can be done anywhere as it’s primarily a online business.
Handover includes premises, inventory, website, know how, knowledge of suppliers as well as a non compete clause.
Owner will be committed to transition phase and ensure transparency and proper handover.
Established address in one other country (Not required to take over)
Main reason for handover: Taking over family business
Well established links to suppliers (China, Hong Kong, Europe, Americas) , overseas platforms (Philippines and Malaysia) and has dedicated account managers for online platforms. Stable Marketing and good supply management strategy enables easy transition and handover.
Suitable for companies who are struggling with online presence on e-commerce platforms, want to increase and electronics portfolio in Singapore, Philippines and Malaysia. Low inventory count with no excess ensures that business can be easily taken over with your own choice of goods you want to sell.
If name change is required, it’s easy to change name to your parent company or choice of name. Owner will assist if required
Low rental (renegotiated in Circuit break phase 2) and upkeep. Efficient business with showroom at CBD area. Business can be done anywhere as it’s primarily a online business.
Handover includes premises, inventory, website, know how, knowledge of suppliers as well as a non compete clause.
Owner will be committed to transition phase and ensure transparency and proper handover.
Established address in one other country (Not required to take over)
Main reason for handover: Taking over family business
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