SingaporeOverview
Financial Performance
Revenue
S$60,000
Gross Profit
S$40,000
Net Profit
S$35,000
Monthly Rentalt
S$6,540
Operations & Ownership
Staff
3 Employee
Year of Incorporation
2016
Owner Role
Full Time
Property Information
Premise Status
Rent
Premise Type
Shopping Mall
Rental Deposit
S$13,080
Operations & Growth
Reason For Sale
Need to retired for aging and health reason.
Description
The company name is very familiar and attract new and existing customer.
- It has currently 3 foreign workers including a Managing Director (Owner)
- Easily transferable so no covenant or payable.
- No overdraft / loan / Line of Credit.
- Bank account and nets machine included (Debit and credit card payment)
Note:
Sub rented income almost you covered almost covered 82% of the rental expense and you only pay 18% for your shop front..
- It has currently 3 foreign workers including a Managing Director (Owner)
- Easily transferable so no covenant or payable.
- No overdraft / loan / Line of Credit.
- Bank account and nets machine included (Debit and credit card payment)
Note:
Sub rented income almost you covered almost covered 82% of the rental expense and you only pay 18% for your shop front..
Facilities
- Retail counters, fixtures, table and name board
Competition
Store competition and walk-in
Expansion Potential
There is strong potential for growth in the wholesale and retail market for used and refurbished laptops. This business offers opportunities to generate revenue through laptop imports for wholesale distribution, as well as direct retail sales at affordable prices.
The sale includes all current inventory, allowing for an immediate business takeover. An additional working capital of $50,000 is recommended to purchase more inventory and expand operations. Full training and guidance on sourcing and purchasing will be provided to help maximize profitability.
The business has low operating overheads, as the rental expenses are very minimal. Significant investment has already been made in renovation and partition works to create additional rental income opportunities, helping to substantially reduce daily operating costs, especially rent.
The asking price includes:
• Business goodwill
• Existing inventory (inventory value not separately assessed)
• Furniture
• Display cabinets
• Fixtures and fittings
If you prefer not to continue under the existing company name, you may operate the business under your own trade name or brand. I am willing to offer a reasonable discount for sincere buyers, although unrealistic low offers will not be considered.
This is a ready-to-operate opportunity with strong growth potential and reduced operational costs.
The sale includes all current inventory, allowing for an immediate business takeover. An additional working capital of $50,000 is recommended to purchase more inventory and expand operations. Full training and guidance on sourcing and purchasing will be provided to help maximize profitability.
The business has low operating overheads, as the rental expenses are very minimal. Significant investment has already been made in renovation and partition works to create additional rental income opportunities, helping to substantially reduce daily operating costs, especially rent.
The asking price includes:
• Business goodwill
• Existing inventory (inventory value not separately assessed)
• Furniture
• Display cabinets
• Fixtures and fittings
If you prefer not to continue under the existing company name, you may operate the business under your own trade name or brand. I am willing to offer a reasonable discount for sincere buyers, although unrealistic low offers will not be considered.
This is a ready-to-operate opportunity with strong growth potential and reduced operational costs.
Buyer Support & Terms
Support and Training
Easily to run and takeover because we have 3 staff well trained in technical and sales so you can gradually get trained.
Background & Skills
Retail trading skill but the business has the support of staff currently the business has
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