Listing Id: 985
Total Views: 99574
(Sold) Profitable Adult Toys, Lingerie Online And Retail Store For Sale
Bukit Timah
Date Closed: 23/10/2015
Asking Price: S$1,200,000
- 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$4,000
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Rental Desposit
N/A
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Revenue
S$78,000
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Liability
S$0
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Gross Profit
S$78,000
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Net Profit
S$45,000
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Stock
S$120,000***
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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
2
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Established
2005
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Source
Direct Seller
Reason For Sale
Owner is migrating due to involved in another business in Singapore and expanding to another country
Description
We start this business since 2005 and can consider the 2nd largest adult toys online and retail store in Singapore. We have more than 1500 products on hand and in stock. We have a large returning customer from Singapore, Malaysia, Thailand and UAE.
Selling price inclusive of e-commerce website and retail store started business since 2005.
I accept downpayment of $850K plus 18 monthly instalment of the balance.
Average total sales per month is around $78K and average monthly net profit is around 45K. ( Total sales is based on online and retail store ).
The indicated selling price includes stock inventory, 4 computers, point of sale POS system and many other assets about S$120k. Including our facebook fan page of 130K likes. Rental is $4000 per month with 2 years leasing for 3 store unit.
Sex toys online and retail store is legal in Singapore and don't need any special license to operate.
Business can be taken over immediately. Please contact the seller for more info with proof of income from bank account records which generate from Visa/Master credit card terminal, Nets terminal, online sales eNets credit card records and online sales Paypal records.
Business Operation
More than 1500 products on hand and in stock.
Facilities
The gov will be importing lots of foreign talent which estimated 3 million or even more, so the sales can be getting 20% to 30% more within the next few years or even more. MRT train station is directly outside the shopping centre which will open next year. Can open another smaller retail store inside CBD area to gain more sales and income by using the same business name which is now popular in the adult toys market.
Expansion Potential
Yes, seller financing is available.
I accept down payment of $850K plus 18 monthly installment of the balance.
Seller Financing
Property Information
Our 3 unit of retail store are inside shopping centre.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Singapore