Listing Id: 1228
Total Views: 12197
(Sold) Established Shoe Business For Sale
Central Area
Date Closed: 14/04/2015
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$3,700
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Rental Desposit
S$13,792
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
1
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Established
2008
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Source
Direct Seller
Reason For Sale
Family commitments
Description
We have been in the shoe business for more than 6 years and is currently one of the leading brands in the wedding shoes industry. We have a retail shop at Orchard and a very good online presence which makes it easy for customers to locate us via Goggle search. The business has been profitable but due to family commitments, we are looking for interested buyer to take over the business.
Business Operation
We specialised in wedding shoes and provide customisation service. This is a niche business with very few competitors in Singapore.
Competition
Great potential in expansion as the supply is weak but demand is strong. As long as more efforts and resources are put into publicity and brand awareness, there is a lot of room for improvement
Expansion Potential
Training on product knowledge, business operations, link-up with suppliers, managing of website/blog/facebook etc will be provided
Support and Training
Yes, seller financing is available.
Monthly installment at low interest rate, for a maximum period of up to 2 years.
Seller Financing
Property Information
3 years from Jul 2013
Lease Term
Shoes boutique with beautiful decor. Premise includes a store area and nicely-decorated shop front.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Singapore