Singapore  Singapore

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Listing Id: 32784 Last Refreshed: 04/09/2024 Total Views: 1023

(Expired)More than 10 year old Retail brand looking for new owner for immediate takeover or partnership.

ClementiGift Shops
Asking Price: S$18,888(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Shopping Mall
  • Premise Size 450 sqft / 42 sqm
  • Monthly Rental S$9,000
  • Rental Desposit S$27,000
  • Revenue S$25,000
  • Liability N/A
  • Gross Profit S$12,000
  • Net Profit S$5,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 4
  • Established 2013
  • Source Direct Seller

Reason For Sale

Venturing into another business, not enough time to to focus.

Description

Box Rental / Consignment Shop, helping small business owners to start up at super low costs.

Multiple income stream business
- Sales from Own inventory
- Box rental
- Online platform
- Shoppee collection point

Currently focusing on other businesses, lease is almost up but feeling it’s a waste to close the brand. Looking for interested business owners who have time to focus and continue the business for passive income stream. Not difficult to manage. Will help for as long until new owner knows how to take over.

Contact me at 88780624 Bevan.

Business Operation

Stocks, customer database who are renting and rented before, strong fb page with 10k followers.
Facilities
Online platform and manpower
Competition
Online platform and possibly the only box shop left in Singapore.
Expansion Potential
Will assist till u are ready. To be discussed further.
Support and Training
Retail or online sales background
Background & Skills

Property Information

Discussable with landlord
Lease Term
3 locations.
Premises Details
Yes, it can relocate to other place
Relocatable
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