Singapore

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Listing Id: 3833 Total Views: 13780

(Sold) Shoe Business In Singapore And Ho Chi Minh

Central Area

Date Closed: 12/11/2017

Asking Price: S$800,000

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit S$30,000
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$800,000
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 14
  • Established 2008
  • Source Broker

Reason For Sale

To cash out

Description

Looking for the fastest and easiest entry (call 91590393) into department stores in Singapore and growing city in Ho Chi Minh ? Mr Lee Hsien Loong has just officiated the Takashimaya Store in HCM in March and many Singapore MNCs have built businesses there.

This is an established company with 8 years of existence in Singapore. It is a running business for a simple takeover. - ask at 91590393

Shoes company with 9 local outlets in all important Department stores in Spore and 3 outlets in HCM (One in Takashimaya HCM).
The outlets in HCM have very high potential growth, with high profit margins.

Inventory - 800 k (with stock as new as 2 months). Asking price is SGD 1m and above.

Presently operates with one shop front for e-commerce collection centre at 91590393 and also regular walk in customers.
Purchase with or without shop is possible.

Company has e-commerce set up for B2B and B2C.


Business Operation

Department Store hours
Business Hour
Will be provided
Support and Training
None. Business can run on its own as all staff are well trained with Operations Manager. Seller will train in beginning and can act as consultant in future.
Background & Skills

Property Information

Rent
Premise Status
Premise can be given up or take over. Good to maintain as e-commerce business needs location for pick up (cannot do via department stores). Price does not include the rental deposit.
Premises Details
Yes, it can relocate to other place
Relocatable

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