United States

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Listing Id: 4683 Last Refreshed: 18/09/2019 Total Views: 21884

Profitable Wholesale Retail Business For Sale

QueenstownRetail Wholesale and Distribution
Asking Price: S$300,000
  • Premise Type Neighbourhood Premise Size
  • Monthly Rental S$2,800 Rental Desposit N/A
  • Revenue S$200K - 500K Liability N/A
  • Gross Profit S$200K - 500K Net Profit S$100K - 200K
  • Stock S$25,000*** FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 0
  • Established 2013 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price
Josephine
Email Owner

Reason For Sale

Moving overseas

Description

FOR SALE
DISTRIBUTION AND RETAIL FURNITURE BUSINESS

A highly profitable distribution and retail business of designer custom made furniture and homewares is for sale. The business has been in operation in Singapore for the last 8 years. With sales globally and solid year on year sales growth the business has huge growth potential.

Our brand is currently sold in retail stores throughout Singapore with further options to expand this section of the business. The business is perfect for a sole trader, partnership or for an existing business looking to expand. As our brand is highly visible with a dedicated customer following and established relationships with suppliers, logistics and quality control of the product are streamlined.

The operational expenses are low due to the following:

1. Inexpensive rental space with ability to terminate the existing lease with 2 months written notice.

2. Paid up Inventory delivered on arrival to the customer, limited and inexpensive warehousing may be required.

Asking SGD$300,000 neg.
Please contact ask@cslb-asia.com

Business Operation

ad-hoc
Business Hour
No rental costs / staff costs
All client orders are paid in advance with guaranteed income.
Facilities
Few companies compete in Singapore and supply this type of homewares and furniture and none that offers custom made design.

Shops that wish to offer this type of furniture / homewares in Singapore buy wholesale from us.
Competition
- More extensive advertising of the products available
- Online sales
- working with more interior designers
- taking the business global

The company has excellent cash flow. Clients prepay the goods when placing the order, receiving income prior to payment to supplier. No receivables and liabilities are presently showing on the Balance Sheet.
Expansion Potential
Sales and a love of homewares and furniture
Background & Skills

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

Supporting Document

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