(Expired)Established Aquarium Shop For Takeover

For Takeover: Established Physical Aquarium Shop in Singapore (Retail in both freshwater & saltwater)
Business Overview:
An exceptional opportunity is available to acquire a highly regarded and established aquarium shop in Singapore. With a longstanding history of serving hobbyists and collectors, this business is a cornerstone of the aquarist community.

Retail Business Highlights:
Name: New owner to rename the shop
Location: Situated in the lively neighborhood of Ang Mo Kio Ave 10 with approx. 750 sq ft
Operational History: Over 15 years of rich legacy
Clientele: A blend of enthusiasts, collectors, and casual shoppers
Product Range: Freshwater and saltwater ornamental fish, aquatic plants, corals, and aquarium supplies
Facilities: Advanced aquarium systems and quarantine tanks
Team: Experienced staff passionate about aquatics
Financials: Profitable with robust annual growth
Reason for Sale: Business restructuring to focus on other trade aspects.
Customer Base: Sharing strong and stable customer base with over 600 Telegram followers in the saltwater community and a solid presence in both freshwater and saltwater markets.
Diverse Inventory: Opportunity to connect/partner with Fresh N Marine's online operations to boost sales.
Strong Supplier Network: Established relationships with top-tier suppliers nationwide.
Loyal Customer Base: Dedicated clientele with high repeat business.
Expansion Potential: Significant growth opportunities through online partnerships and additional services like setup and maintenance.
Assets Included:
Inventory: Curated selection of ornamental fish and related products
Equipment: High-quality tanks, filtration systems, and maintenance tools
Online Presence: Tap on established database to reach out to existing customers with affordable monthly service fee.
Financials:
Takeover Asking Price: Only S$50,000 (excluding rental deposit, negotiable)
Current Lease: $5,000 per month with a $10,000 rental deposit, expiring in September 2024 with option to extend for 1 year.
Seize this chance to own a thriving ornamental fish shop and make a significant impact in the aquatics industry!