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Listing Id: 2380 Last Refreshed: 16/04/2020 11221 Views

Office Supplies Business To Sell

Closed
Asking Price <span class='currency'>S$</span>350,000
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
S$200K - 500K
Net Profit
Not Provided
Monthly Rentalt
S$2,200

Business Operations & Assets

Stock
S$170,000 Price Included
FFE
S$5,000 Price Included
Staff
4 Employee
Year of Incorporation
1994
Owner Role
Part Time
Premise Status
Rent
Premises Details
The office and warehouse is in a central location which makes deliveries easier.

Business Details

Reason For Sale

Owner has another business which need his focus and energy

Description

Profitable and viable office supplies business.  Well-known in the industry as we have more than 20 years history.


Full infrastructure set-up from office setup to warehouse and deliveries.


2x Delivery Vans


Modern business model:

-Fully functional and impressive e-commerce website (probably the nicest in the industry) with regular orders.

-Fully Social Media Setup; Facebook, Twitter, Google Plus and Instagram.  The most active in the industry.

-Email blast system with 2 million end users email address and 360k corporate email address.

-Cloud based Order Processing, inventory and accounting system; IRAS compliant.


Good relationships and terms with suppliers.


Very motivated and committed team of staff; 5 full-time and 2 part-timers; do their best for the business.  Minimum supervision required.


Owner able to draw a decent salary every month.


Potential to expand to more untapped categories.  Midst of a unique project. And especially can commit full-time.


The asking price excludes Debtors and Creditors as the Owner will settle them himself.


Open to option for collaboration in any viable forms.

Facilities

Functional Warehouse and Office
2x Delivery Vans

Competition

Competition is traditional and mainly focus on price discounts. Modern approach will give an advantage.

Expansion Potential

Potential of increasing categories and products using JIT; thus will not incur much additional cash-flow. Other opportunities will be shared with serious potential buyers.

Buyer Support & Terms

Support and Training

Sales team is going through a training by consultant

Background & Skills

Sales, Marketing, Finance, Operations
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