Singapore  Singapore

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Listing Id: 15991 Last Refreshed: 12/06/2020 Total Views: 1711

Korean Water, Air Purifier and Shower Head Business for Sales

GeylangFood and Beverage DistributorsImport and Export
Asking Price: S$80,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Lack of working Directors

Description

Evottar import, distributor, resell and retail Korean Water & Air Purifier and Shower heads. We import several Korean Major Brands into Singapore.

We are a group of investors that invested in the business. But due to the fact that we lack working Managing Directors to oversee the business daily activities we are selling the business as a whole.
1) Stock Level - Approximate S$100K worth of stock (Based on Cost price), (500K based on selling price)
2) Owing from Direct End Customer Installment Plan - Approximate S$ 60-70K. Can be collect within the next 24 months
3) Low monthly overhead - Less then S$1K, only warehouse rental cost based on per SQM

Selling at 50% par value.

ALTERNATIVE

Looking for motivated individual or group that can join as working hands on partners. Must be able to work independently to run daily Sales and Operation of the business.

WhatApps: 97458923
Mail: limky_eeyore@yahoo.com.sg

We can explain to your our Past, Present and Future situation or direction.

Property Information

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