- Silver and Gemstones Retail Accessories Brand Singapore
- SGD 290,000
Central Central Area Orchard Road
- A SGD 55,000 Limited Liability Company is included in this sale offer if required.
- 2 Full-Time Salaried
Licenses:The following licenses are included:
Average Monthly Electricity:
- SGD 40
- Business Sale and Rent (Leasehold Premises). 3 years with option to renew (Rolling Lease).
- SGD 4,300 per month. Payable monthly in advance
- SGD 12,900.
- Stock at the time of settlement is Included in the asking price
- Yes, near offers will be considered
Another strength of the business is that they have a growing number of stockists in prime locations such as Marina Bay Sands, Wisma Atria, Raffles, OUE Mall, etc. Further expansion of these sales channels can only have a positive affect for the company.
Price includes stock on hand at the time of settlement (approximately SGD 120,000) and the security deposit lodged with the landlord of SGD 12,900, which is refundable upon expiration of the lease.
This business is currently breaking even at the moment in terms of net profit, but has fantastic growth potential and would be best suited to a like-minded business person looking to expand their similar or complementary business line. It would also be suitable for a person looking to diversify their business interests or simply, a young working person with motivation and drive to succeed.