Singapore  Singapore

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Listing ID: 12753 Last Refreshed: 07/05/2019 42351 Views

Online Business with Several Retail Shopfronts

Asking Price <span class='currency'>S$</span>39,000

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
S$20K - 50K
Net Profit
S$20K - 50K
Monthly Rentalt
S$0

Assets & Working Capital

Stock
S$11,000 Stock and inventory Price Included
Receivable
S$2,000 Money owed to the business Price Included

Operations & Ownership

Year of Incorporation
2017
Owner Role
Full Time

Operations & Growth

Reason For Sale

Seller relocation

Description

Our company sell high ticket gadget devices bundled along with different related accessories. 

We do both B2C and B2B. 

A total of 5 outlets, with 1 storefront in Malaysia. 

Business is being operated remotely from my phone. 

Average spent about 1 hour to 2 hours a day.


Overview


-        Profitable

-        Fully equipped, no set up cost

-        Ready to start business immediately

-        ZERO Overheads

-        4 outlet partners in Singapore (West, East and 2 prime central locations)

-        1 Outlet Partner in The Cathay

-        1 Outlet Partner in Johor Bahru

-    Sole Owner, easy for takeover and personal guidance

-    Cracked over 200k of sales in the course of 9 months without much time spent physically involved

-    Website has constant of 100+ visitors daily

-    On Lazada, Qoo10 and Carousell 

-    Carousell alone has 2000 impressions daily

-    You can operate this from home


Daily operation includes:

- Get order from customer

- Issue Invoice

- Order stock arrange

- Delivery


Other Assets


        Permits for operation

        Full list of suppliers and contact numbers, purchasing order lists

        Strong Relationships with suppliers and manufacturers

        Social media pages with organic followers 

        With over 200++ 5-stars reviews

        Contracts with B2B outlets

        Inventory on hand


For further enquires / open discussions / viewing, please contact me 93398921 directly via this page


Facilities

e-Commerce Website,B2B Retail Contracts

Competition

Healthy competition

Buyer Support & Terms

Support and Training

Learning curve is easy, as long as you're willing to learn the owner will provide personal guidance.

Background & Skills

No preferred background or skills needed. Owner knows nothing about this business when started
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