United States

Sell a Business

Listing ID: 17969 Last Refreshed: 18/03/2020 Total Views: 1158

Popular E-Commerce Fashion Retailer With Brick And Mortar Store

Central Area

Asking Price: S$1M - 5M
Popular E-Commerce Fashion Retailer With Brick And Mortar Store
  • Premise Type Office Building Premise Size 1500sqft
  • Monthly Rental S$4,000 Rental Desposit N/A
  • Revenue S$500K-1M Cash Flow N/A
  • Gross Profit N/A Net Profit S$200K - 500K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Part Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
H&S Business Broker H&S
Email Owner

Reason For Sale

Family Commitment

Description

A profitable e-commerce fashion with 30000 customers in database. Founded in year 2014, this fast-growing online fashion business has double its revenue year to year. It is now a well-known brand with fans and its own community of supporters with growing demand from overseas markets.

 

Social Media

Collected thousands of customer reviews online. On social media, there are over 35000 Instagram followers and near 60000 Facebook fans.

 

Store Outlet

Despite the exponential growth of e-commerce, the brand expended to open brick-and-mortar store to allow consumers to touch, feel and try. Currently, the brand has one store in the North-East area of Singapore. It is a success and there are opportunities to open more stores island wide.

 

Own Design

This brand has its own in-house designer and collaborate with other designers for their pieces. New design was launched on weekly basis.

Recognition

The business had been featured on TV media, The Straits Times, Motherhood Magazine, Harper's Bazaar, Parent's Word and many more. The brands also received multiple awards in the area of fashion and business.

 

The Team

There are 6-8 employees currently. Management, design, branding, online marketing, packing and logistics are all well taken care in house.

 

Reason for Selling & Ensure Smooth Takeover

The owner is friendly, easy going and plan to commit more time for family. Nevertheless, the owner is open with options for partial exit as well as outright takeover. The owner will ensure a smooth takeover and willing to stay for months during transition period.

 

 

Key Information (For reference only)

Asking Price: Upon Request

Annual Revenue: $1,500,000

Net Profit: $250,000

Years In Business: Since 2014

Owners Role: Management

Location: Central

Premise Size: 1500 sqft

Monthly Rental: $4000

Rental Deposit: $12000

Stock Value: $400,000

Staff:  6-8 Employees

Training By Owner: Yes

Reason For Sale: Family Commitment


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