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Listing Id: 14770 Last Refreshed: 12/06/2020 5040 Views

Brand Owner and Distributor of Outdoor Furniture For Sale

Expired
Asking Price <span class='currency'>S$</span>1M - 5M
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Annual Figures
Revenue
&gt; S$1M
Gross Profit
&gt; S$1M
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Year of Incorporation
2006
Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Owner Retiring

Description

The owner of a world-class brand of outdoor furniture seeks a buyer for the business. 

The product range includes alfresco, poolside, synthetic wicker and other outdoor furniture of contract and commercial quality.  Recently, the company extended their product range to include indoor commercial-grade furniture, and this has seen very encouraging growths.  They also provide re-upholstery services.  Besides Singapore, where the company has very significant market shares in the hotel and resorts sectors, the products are also sold in the Middle East and other Asia Pacific countries.

The company has its head-office and showroom in Singapore, with sales agents in the region.

This is an excellent opportunity to own a well established brand name with a niche in the furniture industry. The owner sees growth prospects coming from the expanding hotel and leisure industries, and the new owner can leverage on the excellent brand reputation to expand in both its current and new markets.

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


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