Businesses For Sale in SingaporeSingapore

Listing ID: 5358
Total Viewed: 18191
Last Refreshed: 19/09/2018

Established Homeware (Led, Kitchen & Sanitary) Wholesale Retail Shop

Geylang

Asking Price : SGD128,000

Revenue: SGD200K - 500K

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD100K - 200K

Inventory: SGD40,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD40,000

Staff: 3

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Moving onto another business
Business Description

Reputable Lighting and Homeware Shop located in Centralized Area.

*300-400K in Annual Revenue

*focusing on retail of LED lightings (both residential & commercial), homewares (kitchen accs & toilet accs) 

*completed several projects including reputable bistro bars, cafes, retail stores and other residential projects

*strong marketing efforts


Customer Base

*Strong returning customer base with partnering interior designs firms & construction firms

*Strong and reputable social media presence in the industry


Furnishing & Stocks

*Renovations and furnishing all properly done up

*Approx 3000SQ FT of space - fully carpeted, wirings fully done-up, rackings (for stocks), custom-made banners & panels for display of lights & other homewards

*Display items done up - including ceiling fans, variety of lights, kitchen and toiletwares

*Comfortable working/retail space including private room for discussion

*Furniture all inclusive (luxurious table & chairs set for discussion, working counter x2, proper office eqipments - printers/computers, etc)


Other Financial Information

*More than 40K SGD (cost) worth of stock in storage

*More than 80K SGD spent on furnishings and display items 

*Low utility (electric & water) bill

*Low parking costs

*Low overhead costs


Other Information

*Proper training and guidance will be provided 

(including product knowledge, procedures etc)

*Exclusive supplier and partner details will be handed over

*Business is debt-free 

*Business has huge opportunities to grow further with expansion of customer and partner base


Please contact us for any further details (for sincere buyers only)

Business Operations
Business Hour:
11AM-7PM
Preferred Skills:
*able to converse in english and chinese (for sales staffs)
Supporting and Training:
*training provided for product knowledge & sales*training provided for custom relation management, product ordering/purchasing and product fulfillment, etc
Staff:
2 Local, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
2800sqft
Rental Fee:
SGD0
Rental Deposit:
SGD11,800 (NOT included in selling price)
Premises Detai:
*easy to access with buses & mrt stations nearby *available parking lots for customers
Relocatable:
Yes, it can relocate to other place
Other Information
Competition:
*business difficult to be carried purely online, reducing online competition as end customers would still prefer to see and 'feel' the real item before purchasing for their homes *business can be carried concurrently online (to draw customers to view products) and via physical retail store
Expansion Potential:
*huge expansion potential without the need of having extra branches/retail stores
Seller Financing Available:
Yes

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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