Businesses For Sale in SingaporeSingapore

Listing ID: 13875
Total Viewed: 1233
Last Refreshed: 19/09/2018

Recession Proof Business In Accesories,Beauty And Wellness Products

Ang Mo Kio

Asking Price : Under SGD50K

Revenue: SGD5K - 10K

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1982

Gross Profit: Under SGD5K

Inventory: SGD6,000

Receivable: Not Disclosed

Owner Role: Part Time

Net Profit: Under SGD5K

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 1

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

Reason To Sell
Owners just started another business and have been given ultimatum to focus there
Business Description

36 year old business. 
2nd generation had taken over and grew the counters in the year grew by 17 counters. 41 counters all over Singapore
Growth considered slow because owners do this as part time business. 
Business has been systemized, owner don't have to be hands on in a few areas. Can be done in your own time or can hire help when counters increase.

Low cost model 
Suppliers with best price all sourced 



Business Operations
Staff:
, 1 Part Time
Property Information
Premise Status:
Rent
Premise Size:
130sqft
Rental Fee:
SGD535
Rental Deposit:
SGD1,605 (included in selling price)
Lease Term:
3 years left with 2 years and 1 month free rental
Relocatable:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
Competition:
2 big companies that has 100 over counters, but our items had feedback that our packaging is nicer, and our items are more modern and we have a bigger variety and in Singapore we have the biggest comb variety in Singapore
Expansion Potential:
We currently have 41 counters and other companies have up to 100+ counters so a lot more places untouched

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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