Singapore  Singapore

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Listing Id: 1924 Total Views: 9885

(Sold) Sale: Sole Authorised Sg Distributor-Home Security Cameras, Specialty Cameras

Ang Mo Kio

Date Closed: 25/06/2016

Asking Price: S$200,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$1,000
  • Rental Desposit S$2,000
  • Revenue S$20,000
  • Liability N/A
  • Gross Profit S$5K - 10K
  • Net Profit Under S$5K
  • Stock S$120,000***
  • FFE S$16,000***
  • Payable N/A
  • Receivable S$40,000***
  • Owner Role Full Time
  • Staff 2
  • Established 2002
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner may be moving abroad soon.

Description

Main Business: Sole authorised Singapore distributor for a patented leading brand of home security camera product and specialty camera product for consumer, commercial and industrial uses. For these camera products, they are the leading brand in Singapore with our company promoting and marketing the brand for the past 3+ years and is a leading brand in their respective categories.

Supplier: Designed and Manufactured by a Taiwan listed company, while specialty and newer products are also made in Taiwan and older mass-produced models made in China.

Distribution Channels and Accounts: Home improvement chain stores, camera stores, electronic stores. Presence in major leading malls, and the key IT & electronics mall in Singapore. Also available through partners with presence on leading online consumer e-stores.

Other lines of businesses: IT hardware and software product sales to corporate clients with accounts opened and support from many leading authorised IT distributors in Singapore and carry more than 200 world-renowned IT brands.

Looking to sell the whole company with assets, inventory, sales team etc. to interested buyer.

Business Operation

Inventory, receivables and strong network of retail/dealer channels.
Facilities
Product and brand still in growth phase. A good buyer can have multi-fold opportunity to grow the business.
Expansion Potential
1-2 months after completion of sale.
Support and Training

Property Information

Rent
Premise Status
1 year
Lease Term
Serviced office and storage space.
Premises Details
Yes, it can relocate to other place
Relocatable

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