Singapore

Sell a Business

Listing ID: 15281 Last Refreshed: 07/05/2019 Total Views: 2330

No. 1 Children Bikes Online Retailer For Sale

Toa Payoh

Asking Price: S$80,000
  • Premise Type N/A Premise Size 500sqft
  • Monthly Rental S$700 Rental Desposit N/A
  • Revenue S$90,000 Cash Flow N/A
  • Gross Profit S$64,000 Net Profit S$45,000
  • Stock S$3,000 Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2018
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Ken
Email Owner

Reason For Sale

Not our full time business, lack of time to fully manage. There is a lot of potential for expansion if it's in the hand of a right person.

Description

No. 1 Kids bicycle online retailer in Singapore. Our business focus mainly in the online market without the heavy retail or manpower expenses. High margin business and large potential for expansion into various similar products in the same niche. 

Gross margins on our products are at least 70%.


There is a huge demand on online searches for kids bicycles. In Singapore alone, our google marketing Ads had nearly 1 million impressions in 2018 alone. We had spent more than 5 figures into optimizing our website and it currently ranks top 5 in Google (and other major search engines) for more than 10 of the most popular kids bicycles related keywords. 


Our marketing campaigns are optimized to it's lowest cost over the years. Business runs relatively automated other than the need to assemble the bikes to fulfil orders. Logistics for delivery are outsourced. Our inventories are stock in a low cost warehouse. 


Currently, we do not serve walks in as we do not have the manpower to do so. Our revenue comes mainly from our website. There's a high demand on customers for walk in purchases, this is an area where the new owner could explore. We do have store in Lazada marketplace which is quite under ultilized. 


The handover will include our well developed Ecommerce website with a premium domain name, google Ads account, Lazada store, warehouse lease if required, Private Limited company and full operational training.



Business Operation

Currently, there's no online retailer in Singapore who solely retails kids bicycle.
Competition
Having a retail shop front to serve walk in customers or customers who request to view before purchase. Expanding into other online platforms. Running road shows or promotional event spaces.
Expansion Potential

Property Information

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