Listing Id: 2457
Last Refreshed: 07/05/2019
Total Views: 13785
(Expired)Famous Novelty Shop Business In Orchard Area Shopping Mall For Takeover
Central AreaCrafts StoresGift Shops
Asking Price: S$220,000
Business For Takeover
Look For Investor
Look For Partner
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Premise Type
N/A
Premise Size
-
Monthly Rental
S$6,800
Rental Desposit
S$18,000
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Revenue
S$200K - 500K
Liability
N/A
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Gross Profit
N/A
Net Profit
N/A
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Stock
N/A
FFE
N/A
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Payable
N/A
Receivable
N/A
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Owner Role
Part Time
Staff
2
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Established
2006
Source
Direct Seller
- Reason For Sale
- Description
- Business Operation
- Property Information
Reason For Sale
Focusing all my time on a new business which I had just embarked on.
Description
A business that I have been running for more than 10 years. It's time to move it on to the next generation where they can bring it to the next level. It is a fully stocked business with very high profit margins.
Sale will also include it's fully functional ecommerce website platform.
Business will include the takeover of business with full fittings , all existing stocks (excluding rental deposit ). Shop is in an upscale mall. Our target market includes teenager and tourists.
Business Operation
Very niche market. Only a few players in the local market.
Competition
Just expanded with another unit at prominent location. Price include this unit as well. (Paid more than $50,000 for this unit take over fees alone)
Expansion Potential
Training and support will be provided upon takeover
Support and Training
In retail industry or relevant business experience preferred.
Background & Skills
Property Information
Fully renovated and fitted from bare unit.
Premises Details
Yes, it can relocate to other place
Relocatable