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Listing Id: 2220 Last Refreshed: 26/05/2019 10270 Views

Established Shoes Business For Sale

Closed
Asking Price Under <span class='currency'>S$</span>50K
Central Area Apparel Stores Bridal Shops
Business For Takeover
This business has been Sold

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

SOLD

Overview

Financial Performance

Monthly Figures
Revenue
S$5K - 10K
Gross Profit
Under S$5K
Net Profit
Under S$5K
Monthly Rentalt
S$3,700

Business Operations & Assets

Staff
2 Employee
Year of Incorporation
2008
Owner Role
Full Time
Premise Status
Rent
Rental Deposit
S$13,792
Premises Details
Shoes boutique with beautiful decor. Premise includes a store area and nicely-decorated shop front.

Business Details

Reason For Sale

Family commitments

Description

We have been in the shoe business for more than 7 years and is currently one of the leading brands in the wedding shoes industry. We have a retail shop at Orchard and a very good online presence which makes it easy for customers to locate us via Goggle search. Due to family commitments, we are looking for interested buyer to take over the business.

Competition

We specialised in wedding shoes and provide customisation service. This is a niche business with very few competitors in Singapore.

Expansion Potential

Great potential in expansion as the supply is weak but demand is strong. As long as more efforts and resources are put into publicity and brand awareness, there is a lot of room for improvement

Buyer Support & Terms

Support and Training

Training on product knowledge, business operations, link-up with suppliers, managing of website/blog/facebook etc will be provided
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