Singapore  Singapore

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Listing Id: 2875 Last Refreshed: 07/05/2019 Total Views: 13902

Records and Music Shop with Online Shop for Sale!

Central AreaCrafts Stores
Asking Price: S$150,000
Business For Takeover
Look For Investor
Look For Partner
Eugene Ow Yong Seng Cho
Email Owner

Overview

  • Premise Type N/A
  • Premise Size
  • 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
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