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Listing Id: 4025 Last Refreshed: 05/11/2019 20884 Views

Franchise : Online Ecommerce For Contact Lens And Spectacles

Closed
Asking Price <span class='currency'>S$</span>8,000
This business has been Sold

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

Overview

Financial Performance

Annual Figures
Revenue
&gt; S$1M
Gross Profit
&gt; S$1M
Net Profit
S$200K - 500K
Monthly Rentalt
Not Provided

Business Operations & Assets

Year of Incorporation
2009
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Expansion for IPO Purposes

Description

Can you totally believe that while Lazada / Alibaba / Amazon conquers Ecommerce there is 1 sector that they all cannot sell online?

Do you know that this sector of industry is projected to be a global market size of 140billion and a Singapore worth of 400m?

Have you missed out on the earlier gold rush of Ecommerce?

What sector is that? That lazada and ecommerce platform cannot conquer?

It is the spectacles and contact lens industry. By law, normal ecommerce platforms without the necessary licenses cannot sell them online, as these spectacles and contact lens are considered medical devices.

Now Optometrist Asia has built a platform with optometrists and willing to partner with talented entrepreneurs such as yourselves to conquer the market together. Get the customers and let us worry about the backend logistic support!

One trade secret, the spectacle and contact lens actually has tremendous profits which is unknown to people outside the market (> 90% of the revenue is gross profit). 


Competition

First of its kind. Cannot be contested by other online offers, for so far the rest of them do not possess Optometrist certifications.

Expansion Potential

All over Southeast Asia.
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