Singapore  Singapore

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Listing Id: 14293 Last Refreshed: 07/05/2019 Total Views: 13511

Profitable Corporate, Event & Contract Florist For Sale

BishanWedding Activities
Asking Price: S$200,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$2,500
  • Rental Desposit S$7,500
  • Revenue S$509,000
  • Liability N/A
  • Gross Profit S$297,000
  • Net Profit S$52,500
  • Stock S$16,500
  • FFE S$14,000
  • Payable S$28,000
  • Receivable S$29,000
  • Owner Role Full Time
  • Staff 3
  • Established 2008
  • Source Direct Seller

Reason For Sale

Owner looking to focus on other business interests

Description

An exciting opportunity to purchase a profitable floral business. We have been in operation for over 10 years and built up a strong reputation for providing excellent corporate, event and contract flowers.

Purchaser will take benefit from taking over existing contracts, staff, warehouse/studio and props to enable the business to evolve to the next level. Significant opportunities exist to grow the contract floral market and increase overall business sales with relatively low time and investment required.

Seller is focused on other business interests and priorities.

Business Operation

9 - 6pm
Business Hour
Good props, refrigerators, AC and storage capabilities.
Facilities
Business is in a unique space in the market with excellent reputation and business to business floral network
Competition
Potential to expand in contract floral market
Expansion Potential
Owner will support, train and handover business
Support and Training
Good customer focused manager with creative skills
Background & Skills

Property Information

Rent
Premise Status
2017 - 2020
Lease Term
Good commercial space in Bishan with a drive up carpark - loading direct to the door.
Premises Details
Yes, it can relocate to other place
Relocatable
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