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Listing Id: 1191 Last Refreshed: 10/11/2020 10361 Views

Established Chain Lady Fashion Brand With 6 Outlets in Singapore and 2 Franchise Store In Oversea

Closed
Asking Price <span class='currency'>S$</span>400,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
S$229,455
Gross Profit
S$135,507
Net Profit
S$8,484
Monthly Rentalt
S$51,178

Business Operations & Assets

Stock
S$260,000 Price Included
FFE
S$180,000 Price Included
Staff
14 Employee
Year of Incorporation
2007
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$146,000 Price Included
Premises Details
All the outlet located in the heavy traffic shopping mall, e.g, Bugis, Orchard etc

Business Details

Reason For Sale

Like to cash out

Description

Singapore based lady fashion brand that established since 2007 by local designer. Business grows fast in the past 8 years. 

In 2013, the sales is S$2.7mil and  profit is S$260k(including the salary paid to the owners)

In 2012, the sales is S$2.5mil and   profit is S$220k(including the salary paid to the owners)

In 2011,  the sales is S$1.8mil and profit is $200k(including the salary paid to the owners)


Owner asking 660,000 including

1) S$146,000 rental deposit paid to landlord
2) Stock about S$260k
3) RENOVATION & Fixture cost S$180K
4) 6 Retail Outlet in heavy traffic shopping center in Singapore
5) 1 Franchise store in Malaysia
6) One Franchise store in Cambodia
7) One Wholesale customer in Malaysia
8) Online store
    a) Customized online store
    b) Online store in qoo10, Zalora(Singapore, Hong kong, Thailand and Malaysia)

9) The business branding


Facilities

Shop is nicely renoved

Expansion Potential

New buyer can develop the franchise in the oversea market. currently there are 2 franchise store in Malaysia and Cambodia already.

Buyer Support & Terms

Support and Training

Yes

Background & Skills

N.A
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