(Sold) Records and Music Shop with Online Shop for Sale!

Overview

Premise Type N/A
Premise Size N/A
Monthly Rental S$1,200
Rental Desposit S$2,400***
Revenue S$200K - 500K
Liability N/A
Gross Profit S$100K - 200K
Net Profit S$100K - 200K
Stock S$150,000***
FFE S$50,000***
Payable N/A
Receivable N/A
Owner Role Investor
Staff 2
Established 2012
Source Direct Seller
***Inlcude in the selling price

Reason For Sale

Good timing with lots of future expansion.

Description

Located at The Adelphi, the heartland of Hi-Fi and music related goods and services.
Vinyl records ranging from Evergreens, 80's, 90's, Jazz, Pop, Rock, Soundtrack, Indie etc.
Also sells video players, video tapes, CDs, Record Accessories etc.
Music Online Portal :
Online Shop, Vinyl News, Event News, Music News, New Arrivals, Music Portal in Singapore.
Over 3,000 active membership card holders, over 10,000 newsletter subscribers, over 62,000 followers on social media.
High growth potential and unique branding with franchise options.
Standard processes in place for easy, immediate take-over.
Selling with existing Stocks, Rental Lease, Customers Base, Suppliers' Contacts (from USA, Germany, Austria, Holland), Customer Data Base, Online Shop, Hi Fi Equipment, Speakers, POS Machine, Bar Code Printer, Company Desktop, Printer, CCTV and Furniture etc.
Owner will assist in smooth transition.

Business Operation

12pm - 8pm

Business Hour

Property Information

Rent

Premise Status

Located at The Adelphi, heart of Hi Fi and music hub in Singapore.

Premises Details

Yes, it can relocate to other place

Relocatable

(Sold) Records and Music Shop with Online Shop for Sale!

Overview

Reason For Sale

Description

Business Operation

Property Information

Buy a Business

Buy a Franchise

Commercial Property

Sell a Business

Businesses Wanted

Business Brokers

Resource