Successful International Fashion Brand Store in Singapore for Sale
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For Sale and Rent

Successful International Fashion Brand Store in Singapore for Sale

Listing Number:

  • 065-01-04-001

Asking Price:

  • SGD 480,000

Retail Clothing / Fashion Accessories
Central Central Area

Business Details

Company:

  • Yes

Current Staff:

  • 3 Full-Time Salaried
  • 2 Part-Time Salaried

Property Details

Tenure:

  • Business Sale and Rent (Leasehold Premises). Currently in Temporary 3-Month Lease, but Owner will assist in obtaining a permanent shop lease.

Rent:

  • SGD 400 per month. Payable monthly in advance

Security Deposit:

  • SGD 200.

Connected Utilities:

  • Power

Stock:

  • Stock at the time of settlement is Included in the asking price

TV:

  • 1 Screen/s.

Internet:

  • Connected at the cost of SGD 0 per month. Wifi Enabled.

Security:

  • SGD 0 per month

Price Negotiable:

  • Yes, near offers will be considered

Agent's Comments

This women's designer fashion shop has international acclaim. The range includes clothing, shoes, bags and accessories, and this shop, located in Havelock Road, Singapore was established in 2016. There are many aspects to the popularity of the brand, including the use of genuine leather, canvas and denims and matching shoes and bags. There are also some impressive design features of the range that have health and comfort benefits and keep existing customers coming back time and again.

The brand and products receive amazing marketing through the designer's extensive use of social media, and advertising in online fashion sites and the owner will continue this as she continues to develop the brand and range. This particular shop stocks about 5,000 pieces and all stock at the time of handover (approximately SGD 350,000) is included in the sale price, as is the Singapore Pte Ltd company. Currently trading in a temporary location, there is ample scope to open in various locations in Singapore in both retail spaces and pop-up stores, and the current owner will assist a new owner to do this if required. The owner, who is also the designer, will also assist with transitioning of the shop and business for up to 6 months if required.

All in-store equipment (POS, barcode readers, printers, etc), marketing, advertising (banners, posters, props, etc) and packaging are included and the store is currently staffed. An amazing opportunity to take a profitable business to greater heights. It is basically a full-on franchise without commissions or franchise fees. Viewing and discussions with the owner and designer are thoroughly recommended.