SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Lazada & Shopee Singapore accounts selling Speed Cubes.
Cubling's Lazada Store: https://www.lazada.sg/shop/tentenclicker/
Cubling's Shopee Store: https://shopee.sg/tentenclicker/
I started CUBLING around Sep 2019 as a side hustle out of my interest in speed cubing. It turns profit in 2020 with revenue of $84,000. Revenue for Q1 2021 is at $36,000.
I never thought to scale the business because I like to do things alone, and I also make sure the variations of my speed cubes is around 30 models, because there is only so much one person can do. But traffic and sales are increasing and I know that I won't be able to handle it alone anymore in 2021.
I currently have around $24,000 worth of inventory at cost price, and I'm looking to sell the business at $88,000 which include invertory.
My phone is only switch on from 2pm-4am if you want to call me, otherwise e-mail will be great.
Thanks
Lincoln Yeo
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