Singapore  Singapore

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Listing Id: 21864 Total Views: 1354

(Sold) Profitable Online & Offline Retail cum Wholesale Business for Take Over

Kallang/Whampoa

Date Closed: 26/05/2021

Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$10K - 20K Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

Partner left and concentrate on main IT biz fully

Description

A profitable wholesale, online and offline retail business, 2 companies combine as one package for sale.
The companies passionate and enthusiastic established about 10 year wholesale and 3 years retail in local market.
The main products they are selling Wallets, Pouches, Bags and Key Holders.
They use a top online platform since 1 year ago, the business not just rely on online orders, their main income also
from offline orders that mostly are consignment with more than 100 shops, they have few regular clients
directly ordered from the retail company.
The company has already built up good and long term relationship with existing clients.

Supported by a Customised App for the daily workflow from wholesale mother company, they also co-operate and
appointed a logistic company for their daily delivery.
This running model helping them to reduce manpower issues and and cost save too.
Overall the operation cost is very low and the business itself is simple and easy to manage.

Main Products included:
1) Pouches
2) Men’s Key Pouch
3) Sling Bags
4) Short Wallets
5) Coin Pouches & Purses
6) Card Holders & Key Holders

Property Information

Rent
Premise Status

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