Singapore  Singapore

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Listing Id: 15418 Last Refreshed: 12/06/2020 Total Views: 7369

[PRICE REDUCED BY HALF!!!] Female Clothing Manufacturing And Wholesale Business For Takeover

GeylangApparel StoresClothing and Footwear Manufacturers
Asking Price: S$125,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$4,000 Rental Desposit N/A
  • Revenue S$500K-1M Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock S$50,000*** FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 0
  • Established 2008 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price
xly
Email Owner

Reason For Sale

Concentrate on other business and family obligations

Description

Once in a lifetime opportunity to break into the fashion industry with all hands-on knowledge.
Stay ahead of your competitors by breaking the learning curve fast!

Female apparel wholesale and manufacturing business for sale, operating in City Plaza, the apparel wholesale market in Singapore.

Business has been operating for last 10 years with regular customers. Letting go due to family obligations. Looking for an aspiring individual with the passion for the fashion industry to take over this business.

What you will be getting:
Shop lease at City Plaza which ends September 2020.
Shop fully fitted out with all things necessary
Existing Inventory worth approximately $100,000
Existing customer base
Existing manufacturing contacts overseas
Existing very experienced shop staff contract
Full guidance on how to liase with overseas manufacturing contacts, and sourcing contacts, goods import contacts
Guidance on how to create a website to expand the business should you wish to reach more audience

The asking price is a very reasonable one. What you will be getting in goodwill with regards to trade secrets is PRICELESS. This industry is a rather tight-lipped one. Trying to break into it will cause you thousands before you even begin to earn revenue. Invest your money wisely into knowledge, which is what I will be able to provide you.

With ready operations and knowledge to run the business, your potential to break even within 1-2 years is very probable since your learning curve decreases by at least 80%. Your time can then be spent more wisely on growing the business, instead of setting it up. With the knowledge that I will be sharing with you, you will also have the ability to create many other side businesses, hence the goodwill factor here is more than worth what you will be forking out.

My family commitments have limited my time severely, so I am unable to bring this business to further heights. The longer I hold on to this, the longer the business goes in the reds. I am eager to let this go quickly, as it saddens me that I am unable to run this in full capacity. Hence, this price is slightly negotiable for someone who is keen and decisive. Should you be interested, please be ready to sign an NDA before any details are revealed to you.

I am also open to a complete inventory takeover.

Please contact me at 9-1-2-8-3-2-2-3 via Whatsapp (only).

Business Operation

Provided for 1 month
Support and Training
Fashion design
Background & Skills

Property Information

Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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