Businesses For Sale in SingaporeSingapore

Listing ID: 13805
Total Viewed: 2863
Last Refreshed: 12/06/2018

Profitable Wholesale Supplier To Florists And Gift Companies

Woodlands, Singapore

Asking Price : SGD130,000

Revenue: SGD200K - 500K

Cash Flow: Not Disclosed

Payable: SGD0***

Established: 2017

Gross Profit: Not Disclosed

Inventory: SGD110,000

Receivable: SGD0***

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: SGD0***

FFE: SGD30,000

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Owner has other work commitments.
Business Description

One and only in Singapore.  Established in Sep 17.  Profit making with low overheads.  Great growth potential.  E-commerce platform is currently under discussion.

 

Current owner has spent a lot of effort and money to stabilize the company in the first 6 months.  New owner will have a smooth journey ahead.  Business is profit making.  Moved to a warehouse cum office in April 2018.  New owner must continue the lease until April 2020.  No staff cost.  Only rent cost.

 

Asking price include inventory (S$110K), furniture (warehouse/office newly renovated), rent deposit (2 months), website, customer database and supplier contacts.  Current owner has an unexpected work commitment which requires frequent travelling, hence will not be able to cope with the business.  New owner can expect return on investment in less than 1 year.

 

Final price will be adjusted according to the inventory value at the point of hand over.  Appreciate enquiries from serious buyers only.


Business Operations
Supporting and Training:
Available for new owner.
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Premise Size:
1780sqft
Rental Fee:
SGD2,050
Rental Deposit:
SGD4,100 (included in selling price)
Lease Term:
until April 2020

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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