Listing Id: 2380
Total Views: 11045
(Sold) Office Supplies Business To Sell
Kallang/Whampoa
Date Closed: 16/04/2020
Asking Price: S$350,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$2,200
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Rental Desposit
N/A
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
S$200K - 500K
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Net Profit
N/A
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Stock
S$170,000***
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FFE
S$5,000***
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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
4
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Established
1994
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Source
Direct Seller
Reason For Sale
Owner has another business which need his focus and energy
Description
Profitable and viable office supplies business. Well-known in the industry as we have more than 20 years history.
Full infrastructure set-up from office setup to warehouse and deliveries.
2x Delivery Vans
Modern business model:
-Fully functional and impressive e-commerce website (probably the nicest in the industry) with regular orders.
-Fully Social Media Setup; Facebook, Twitter, Google Plus and Instagram. The most active in the industry.
-Email blast system with 2 million end users email address and 360k corporate email address.
-Cloud based Order Processing, inventory and accounting system; IRAS compliant.
Good relationships and terms with suppliers.
Very motivated and committed team of staff; 5 full-time and 2 part-timers; do their best for the business. Minimum supervision required.
Owner able to draw a decent salary every month.
Potential to expand to more untapped categories. Midst of a unique project. And especially can commit full-time.
The asking price excludes Debtors and Creditors as the Owner will settle them himself.
Open to option for collaboration in any viable forms.
Business Operation
8.30 am - 6pm
Business Hour
Functional Warehouse and Office
2x Delivery Vans
Facilities
Competition is traditional and mainly focus on price discounts. Modern approach will give an advantage.
Competition
Potential of increasing categories and products using JIT; thus will not incur much additional cash-flow. Other opportunities will be shared with serious potential buyers.
Expansion Potential
Sales team is going through a training by consultant
Support and Training
Sales, Marketing, Finance, Operations
Background & Skills
Property Information
The office and warehouse is in a central location which makes deliveries easier.
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore