Ad ID : 5422
Ads Post Date : February 6, 2020
Sale Price : S$200K
Location : Singapore
District : D15 - Joo Chiat - Marina Parade - Katong
Views : 2064
Annual Revenue: 120000
Annual Gross Profit: 30000
Rental Fee: 1650
Premises Size (Sqft): 300
Premises Location: Marine Parade
No. of Staff: 2
Reason to Sell Business: Husband Posted Overseas
About The Company
Automated – As most of the sales are completed online, the sales and operation process are mostly automated.
Brand – Most important of all, you get a well-known brand with thousands of great customers reviews. Branding takes time especially for higher tickets items such as furniture. It takes many years for the company to be here.
Driven product quality and healthy lifestyle, the company has established a strong reputation for reliability and dedication and earn the trust of customers.
It runs a successful e-commerce stores and its own retail store, the company , the company also sell on platforms such as Lazada, Qoo10 and Shoppe. It has also achieve ‘Power Seller’ on Qoo10 platform.
Low Overheads – Unlike a retail store, there is no need for sales person, cashiers and cleaners which is a low overheads business. The company partner with professional delivery partners and there is no overheads cost of maintaining vehicles.
Minimised Labour Cost – The staffs will pick and pack items and get the orders ready for deliveries. Payments are collected online before items are shipped.
Quality Suppliers and OEM Factories – The company has built stable relationship with overseas suppliers as well as OEM factories overseas. These suppliers and OEM factories have supplied goods to the company for years and they are trusted partners.
What Will The New Owner Get?
-You will get a profitable and operational business with system in place.
-A complete supplier list will be provided.
-The current owner is prepared to personally introduce every supplier, OEM factories, business partners and vendors. The current owner will ensure smooth transition and reveal all trade secrets.
Key Information (For reference only)
-Annual Revenue: $120,000
-Director Remuneration: $5000 per month
-Profit Before Tax: $30,000
-Monthly Rent: $1650.00
-Store Size: 200 sqft
-Number of Full Time Employees: 2