United States

Sell a Business

Listing ID: 779 Last Refreshed: 26/04/2019 Total Views: 16814

Brand New Designer Bags Store For Take Over

Central Area

Asking Price: S$200K - 500K
Brand New Designer Bags Store For Take Over
  • Premise Type N/A Premise Size 180sqft
  • Monthly Rental S$2,500 Rental Desposit N/A
  • Revenue S$50K - 100K Cash Flow N/A
  • Gross Profit S$5K - 10K Net Profit S$5K - 10K
  • Stock S$200,000*** Liability S$0
  • Payable S$0 Receivable S$0
  • FFE S$10,000*** Established 2010
  • Owner Role Full Time Staff 2
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Lee
Email Owner

Reason For Sale

Owner is relocating

Description



  1. Unique
    Business Proposition

    We have a business that all women would love to manage. We sell brand
    new designer handbags and accessories and have access to current season items
    from big European fashion houses with the likes of Prada, Celine, Saint
    Laurent, etc.

  2. Ready
    Made Outfit
    Although we are in the business of glamour, kicking start a business is
    never easy. We are looking at registering a company, dealing with the dirts of
    finding suppliers, trustworthy staff to look after these valuables, dealing
    with the government bodies, engaging company secretary, and most importantly
    establishing a brand name in the market and collecting your client base. What
    we are offering right now, is an opportunity to avoid the hassle, and jump
    right into doing business.

    Brand
    Name

    Being a newbie in an established industry is no fun at all. We give you
    an opportunity to enjoy the flawless branding we have established over the
    years. In our business, it is important to be able to get clients’ confidence
    in our products. We have never been engaged in any legal suits or any runs with
    the law.

    Suppliers

    We have a pool of trust worthy suppliers from which we get our stocks
    from. Being 4 years in the business and selling more than 2,000 absolutely
    authentic bags. We will share with you all our contacts, and other trade
    secrets of the business which we are confident that even our smaller competitors
    in the market are not privy to. Skip all the travelling & searching, and
    uncertainties of foreign suppliers.

    Shop
    Space

    We have been located in town since 2010, and have a loyal following
    already. Good for their walk in, we have secured a shop space with minimal
    rental cost. The shop is well equipped with all the necessities including
    anti-theft system, CCTV, backroom, etc. You can simply just walk in and start
    to do your business.

    Customer
    Base

    We have thousands of customers in our base collected painstakingly over
    4 years. These are hot leads, and include clients who have bought from us
    before or are interested in buying bags in general.  This base has also been screened for the
    recent DNC and all have agreed to be part of our mailing list.

    Facebook
    followings

    We have a very active Facebook community with fans from mainly
    Singapore, as well as other countries in the region. To date, we have collected
    about over 30K fans which have been obtained via word of mouth as well as
    paying for Facebook ads.

    Website

    The website has been put up by a professional IT company, and is easy to
    manage through a backdoor portal. Inspired by world renowned online sites, we
    maintain our site to be simple and clean cut.

    Staff

    Getting trustworthy staff is not easy, especially in our kind of luxury
    business. We have staff that is well trained in the products that we sell. They
    are also trained to manage our social media sites.

    Well
    Priced

    With a complete infrastructure as mentioned above, we are asking for
    very reasonable goodwill. This is meeting the bare minimum of the costs that we
    have put in to build up the business. In other words, you would also need to
    fork out such funding if you were to set up the business from scratch. But now,
    you can skip the effort, tears, and time and jump start to manage your own
    business.



























































Business Operation

12-9pm
Business Hour
Includes full inventory and furnitures
Facilities
Several well established competitors in the market.
Competition
Depending on preference of buyer, company can be expanded and also to include wholesale that can be operated from home.
Expansion Potential
Full support and training
Supporting and Training
NA
Background & Skills

Property Information

Rent
Premise Status
2 years
Lease Term
We have been located in town since 2010, and have a loyal following already. Good for their walk in, we have secured a shop space with minimal rental cost. The shop is well equipped with all the necessities including anti-theft system, CCTV, backroom, etc. You can simply just walk in and start to do your business.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Email Owner
Your Name*
Mobile Number*
Email*
Message