Singapore  Singapore

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Listing Id: 14844 Last Refreshed: 07/05/2019 Total Views: 3992

(Expired)Wedding / Bridal Shop For Sale

Central AreaWedding Activities
Asking Price: S$50K - 100K
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$3,900 Rental Desposit S$3,900
  • Revenue S$200K - 500K Liability N/A
  • Gross Profit S$100K - 200K Net Profit S$50K - 100K
  • Stock S$150,000*** FFE S$30,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 1
  • Established 2012 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price
ly tan

Reason For Sale

Family issues

Description

Bridal Shop for sale
Flexible purchase scheme:

Option 1:
Assets & space only
- You will be buying over all the dresses so you can start business immediately. total around 200 gowns worth 100 overk
- Furniture, reno, printer, computer, renovations etc
- Reno just done for a while, worth 30+k
- Phone and internet line if desired
- Suitable for people that wants to start their own shop
- For this option owner will handle all the previous signups himself
- Fixtures, dresses and equipments are worth around 130k, willing to let go at just 75k

Option 2:
Assets, space, business name, business website, contacts, balance clients
- You'll be buying over everything in option 1
- Contacts that owner curated, such as photographer, makeup artist, studio, gown supplier
- Website, social media sites
- Owner's assistance for three months
- Owner to assist in handover of clients
- Wedding gown designs planned for entire 2019, they will be made and delivered to you in batches
- This option is worth 200k, willing to let go at just 95k

Company profile:
- Located at central area, nicely renovated & accessable
- Rental premise with less than 1 year lease left, but able to extend at the same rate
- Bridal company with gowns packages, photography, videography, makeup services

Owner is letting go of it due to family commitments and loss of interest. Owner would not be able to spend much time in the business, and is hoping for someone good to take over.

If you're sincere in the business and really want to take over, owner is willing to help as much as possible. details can be discussed.

Please feel free to contact if you need other details.

Business Operation

10-8
Business Hour
Available
Support and Training
Yes, seller financing is available.
We can discuss about the payment scheme when you've decided to purchase
Seller Financing

Property Information

Rent
Premise Status
1 or 2 years
Lease Term
central area
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
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