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Listing Id: 4025 Total Views: 20202

(Sold) Franchise : Online Ecommerce For Contact Lens And Spectacles

Central Area

Date Closed: 05/11/2019

Asking Price: S$8,000
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue > S$1M Liability N/A
  • Gross Profit > S$1M Net Profit S$200K - 500K
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established 2009 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Expansion for IPO Purposes

Description

Can you totally believe that while Lazada / Alibaba / Amazon conquers Ecommerce there is 1 sector that they all cannot sell online?
Do you know that this sector of industry is projected to be a global market size of 140billion and a Singapore worth of 400m?
Have you missed out on the earlier gold rush of Ecommerce?
What sector is that? That lazada and ecommerce platform cannot conquer?
It is the spectacles and contact lens industry. By law, normal ecommerce platforms without the necessary licenses cannot sell them online, as these spectacles and contact lens are considered medical devices.
Now Optometrist Asia has built a platform with optometrists and willing to partner with talented entrepreneurs such as yourselves to conquer the market together. Get the customers and let us worry about the backend logistic support!
One trade secret, the spectacle and contact lens actually has tremendous profits which is unknown to people outside the market (> 90% of the revenue is gross profit).

Business Operation

First of its kind. Cannot be contested by other online offers, for so far the rest of them do not possess Optometrist certifications.
Competition
All over Southeast Asia.
Expansion Potential

Property Information

Rent
Premise Status

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