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Listing Id: 2875 Last Refreshed: 20/07/2024 15695 Views

Records and Music Shop with Online Shop for Sale!

Closed
Asking Price S$150,000
Central Area Entertainment and Leisure Businesses Crafts Stores
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

Annual Figures
Revenue
S$200K - 500K
Gross Profit
S$100K - 200K
Net Profit
S$100K - 200K
Monthly Rentalt
S$1,200

Business Operations & Assets

Stock
S$150,000 Price Included
FFE
S$50,000 Price Included
Staff
2 Employee
Year of Incorporation
2012
Owner Role
Investor
Premise Status
Rent
Rental Deposit
S$2,400 Price Included
Premises Details
Located at The Adelphi, heart of Hi Fi and music hub in Singapore.

Business Details

Reason For Sale

Good timing with lots of future expansion.

Description

Located at The Adelphi, the heartland of Hi-Fi and music related goods and services.  

      Vinyl records ranging from Evergreens, 80's, 90's, Jazz, Pop, Rock, Soundtrack, Indie etc. 
      Also sells video players, video tapes, CDs, Record Accessories etc.

      Music Online Portal : 
      Online Shop, Vinyl News, Event News, Music News, New Arrivals, Music Portal in Singapore.

      Over 3,000 active membership card holders, over 10,000 newsletter subscribers, over 62,000 followers on social media.

      High growth potential and unique branding with franchise options.

      Standard processes in place for easy, immediate take-over.

      Selling with existing Stocks, Rental Lease, Customers Base, Suppliers' Contacts (from USA, Germany, Austria, Holland), Customer Data Base, Online Shop, Hi Fi Equipment, Speakers, POS Machine, Bar Code Printer, Company Desktop, Printer, CCTV and Furniture etc.

      Owner will assist in smooth transition.


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