Singapore

Sell a Business

Listing ID: 14765 Last Refreshed: 24/05/2019 Total Views: 4479

Brand Owner And Distributor Of Ladies Undergarments/Lingerie For Sale

Central Area

Asking Price: S$500K - 1M
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue > S$1M Cash Flow N/A
  • Gross Profit > S$1M Net Profit S$200K - 500K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1970
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Not inlcude in the selling price
Empire Business Brokers Empire Business Brokers (Asia) Pte Ltd
Email Owner

Reason For Sale

Owner retiring

Description

The founder and owner of this highly successful and profitable business is seeking a suitable buyer for his business. 

Over the years, the business has established itself as a dominant supplier of wide ranges of high quality lingerie and sleepwear.  It owns and distributes several well established labels that are fashionable and which caters to different segments of the market.  Sales outlets can be found in both high-end departmental stores as well as in suburban malls.

In addition, the company's on-line presence through several major on-line stores have seen very significant growths in recent years.

The products are sourced from several well established factories across Asia.  The company works closely with the manufacturers, constantly on the look-out for new and innovative designs.  It also has its own quality control and order handling operations close to the factories. 

For the new owner who has the will and the resources, the owner sees huge growth opportunities for this business:-

1. There is still room for growth in Singapore.  Large segments of the market have not been tapped.

2. On-line sales are expected to grow exponentially.

3. With the high quality and well established brand names of the products, overseas markets represent very significant growth opportunities.  

For a preliminary discussion, email us at: bizcoach@singnet.com.sg


Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Email Owner
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