Singapore  Singapore

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Listing Id: 26573 Total Views: 1846

(Sold) BTO Curtains, Interior Design And Renovation Very High Potential With 20,000+ Newly Completed Units

Mandai

Date Closed: 12/11/2022

Asking Price: S$17,000(Neg.)

Overview

  • Premise Type Factory
  • Premise Size 280 sqft / 26 sqm
  • Monthly Rental S$800
  • Rental Desposit S$900***
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$13,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2019
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Got a full time employment as a Senior Accountant

Description

Interior Design, Renovations, Kitchen Cabinets, Curtains, custom made extra large bed for family are products and services highly in demand by HDB BTO and other properties especially those newly completed which there are great amounts flooding the market currently and in years ahead.
Our takeover package includes:
- inventories costing about SGD14,000
- warehouse/factory about 300sqft with new split unit aircon at Mandai Industrial Estate which we have paid deposit of $900/=. Monthly rental is $800/=, comes with cargo lift, free parking, goods loading bay, access to letterbox
- suppliers lists with proper explanations of specifications, prices and many trade secrets that have been painstakingly studied and researched upon. Goods are designed with drawings and painstakingly sourced which creates an extremely competitive advantage.
- free 2 days course with training materials for Training on Do Your Own Company Accounts, Secretarial & Tax, so that you will be able to register your own company and manage it yearly on your own. It cost only $315/= payable to ACRA to register your own company and $60/= yearly to manage it on your own.
- any other support on goodwill basis, including guidance on social media marketing such as Facebook Marketing, Business Whatsapps etc.
- example of some of our trade secrets includes - direct import of kitchen stone top (not actual pure stone but a type of concrete mixed stone & sands) which contractors here supply for about $2,000 per piece with sink, tap, stove hole cut but we import for USD85/= direct from the overseas manufacturer with relevant cuttings according to our specifications and drawings. We will pass on this know how to the purchaser of this business, including the suppliers' contacts, sample stone pieces in professional briefcase obtained from the supplier, the drawings, specifications, explanations and such. See picture on one example of detailed specifications that we had in our chat with the manufacturer - it is all painstakingly planned with many details examined and well thought of.
Optional add on at extra cost:
The above business is attached to our Company, BTO Curtains Pte. Ltd. (UEN: 201912436H) with Share Capital of SGD50,000 and have been having 3 Singaporean Employees in the payroll, with salaries of at least $1,400 each. Our company also have an 500 SME Company award (see picture). We have another Company, BTO Renovation Pte. Ltd. (UEN:202215751M) which both companyes itself are high Google Search keywords, extremely good for digital marketing purposes. We can offer to sell the companies together with the business which advantages includes ability to hire foreign employees under the Company. BTO Curtains' principle activity is that of Construction, thus, the Company, together with the above criterias, can move forward with the application process with a favourabe quota for hiring foreign workers based on 1 local (Singaporean or PR) to 7 foreign workers basis (including workers from China, India, Bangladesh etc). We can assisst the transferee with this processes if necessary.

Business Operation

As we all know, the Singapore Government have in the pipeline from now till many years ahead, HDB BTO which are completed, pending completion and in progress. We estimate (you can easily Google) there are about 10,000 to 20,000 HDB BTO that are in completion and handing over keys each year from now till many years to come. In addition, there are also many private residential properties and commercial properties in Singapore completing and in progress. All these properties requires at least the most basic renovations, Interior design, installations. The most basic and essential installations includes Curtains, Kitchen Cabinets and Carpentry. It is also possible to explore collaboration with the Government, HBD or its main contractors to obtain these essential works, thus, it is possible to get a big contract from the Government. The possibilities are huge and endless. If this happens, procurements and warehousing can be even more efficient as it is purchase in larger quantities and there is a possibility that shipment can be made to the site itself. Procurement and specifications can be progressively made even more efficient, like, wherever feasible, ask the foreign supplier to get the goods ready in the most installation ready and installation friendly form.
Expansion Potential
Support and Training is on goodwill basis, all information provided on a no liability basis as in the buyer will hold the seller harmless for all advisory, information, know how provided. We can provide such support on goodwill basis but it is not an obligation.
Support and Training

Property Information

Rent
Premise Status
1 year lease end in May 2023
Lease Term
Factory warehouse with cargo lift, loading bay, free parking, security, aircon, lights, fire extinguisher. B2 industrial building.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

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