Listing Id: 3682
Total Views: 15110
(Sold) Reputable 27 Year Old Party Business For Sale
Central Area
Date Closed: 11/02/2018
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
-
Premise Type
N/A
-
Premise Size
2000 sqft / 186 sqm
-
Monthly Rental
N/A
-
Rental Desposit
N/A
-
Revenue
S$100K - 200K
-
Liability
N/A
-
Gross Profit
S$100K - 200K
-
Net Profit
S$50K - 100K
-
Stock
S$200,000***
-
FFE
S$10,000***
-
Payable
N/A
-
Receivable
N/A
-
Owner Role
Full Time
-
Staff
2
-
Established
1990
-
Source
Direct Seller
Reason For Sale
Retiring Directors and Personal Commitment
Description
Yeo GM Trading has been around since the 1990s, a veteran in the Party & Festive decorations retail and wholesale industry.
Recently renamed Juz My Party, the legacy lives on.
Our customers have been with us throughout the years, from Blanco Court, to Chinatown, Rochor, and eventually back in Chinatown.
Customer base includes Hotel Chains, Restaurant & Groups, Bars & Pubs, MCST, down to the thousands of retail members.
Employees have served us for years and are very experienced, and familiar with the business processes.
There are also countless positive reviews from customers, some of whom we have known for decades.
Its a pity to let this business go, but due to retiring directors, and other personal commitment,
we have chosen to allow this business to continue its presence with a new management team.
Sale includes Inventory going at a fraction of cost, continued tenancy in the existing retail front,
experienced employees, existing point of sales and websites, supplier contacts.
Warehouse rental is optional for seamless transfer.
Any interested party are welcome, and succession plans may be negotiated.
Business Operation
Existing PCs, POS, Website.
Facilities
Retail party & festive decoration shops
Competition
May expand to include our events and wedding planning partners.
Expansion Potential
All business procurement and suppliers list, along with overseas suppliers will be provided. Directors will continue to give advice.
Support and Training
Property Information
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Singapore