Listing Id: 21943
Total Views: 2573
(Sold) Lazada & Shopee Singapore Accounts Selling Speed Cubes.
Bukit Batok
Date Closed: 28/04/2021
Asking Price: S$88,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Work at Home
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Premise Size
-
Monthly Rental
S$0
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Rental Desposit
S$0***
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Revenue
S$5K - 10K
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Liability
N/A
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Gross Profit
Under S$5K
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Net Profit
Under S$5K
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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
Part Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Have to let go of this profitable side hustle as it's taking more and more time with sales and traffics increasing.
Description
Lazada & Shopee Singapore accounts selling Speed Cubes.
Cubling's Lazada Store: https://www.lazada.sg/shop/tentenclicker/
Cubling's Shopee Store
: https://shopee.sg/tentenclicker/
I started CUBLING around Sep 2019 as a side hustle out of my interest in speed cubing. It turns profit in 2020 with revenue of $84,000. Revenue for Q1 2021 is at $36,000.
I never thought to scale the business because I like to do things alone, and I also make sure the variations of my speed cubes is around 30 models, because there is only so much one person can do. But traffic and sales are increasing and I know that I won't be able to handle it alone anymore in 2021.
I currently have around $24,000 worth of inventory at cost price, and I'm looking to sell the business at $88,000 which include invertory.
My phone is only switch on from 2pm-4am if you want to call me, otherwise e-mail will be great.
Thanks
Lincoln Yeo
Singapore