Listing Id: 3871
Last Refreshed: 07/05/2019
Total Views: 5223
(Expired)#1 French Wine Club In Singapore - Online And Offline Marketplace
SingaporeEcommerce Websites and Online Stores
Asking Price: S$100K - 200K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Supporting Document
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$200K - 500K
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Liability
S$0
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Gross Profit
S$50K - 100K
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Net Profit
Under S$5K
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Stock
S$1,100
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FFE
S$0
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Payable
S$0
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Receivable
S$0
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Owner Role
Investor
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Staff
0
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Established
2013
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Source
Direct Seller
Reason For Sale
Need a stronger partner to take the business forward (more products, internationalisation,...). The original team was focused on building solid foundations
Description
Our Company is a French Lifestyle Club monetising today through retail sales of curated quality French wines and Champagne, and ticket sales to tasting experiences.
In the past 3 years, we have built unique relationships with world-renowned brands, such as Ruinart and Chapoutier, and developed a lean operating model with ‘zero-inventory’ powered by proprietary e-commerce technology.
The main process is a repeatable process to find Wine Explorers (customers who spend $400 on their first purchase) and then hooking them to become Ambassadors (spend $1,600 per year)
The company aspires to become the leading brand for French ‘Art de Vivre’ in Asia. We have been growing steadily in the past 3 years to reach 500 customers
The company is extremely well positioned on SEO/SEM for Champagne, Gifts and several Champagne brands
The company has secured several corporate accounts (DBS, PwC, Singtel, Citi,...)
The company is extremely well recognised with a strong brand (15,000 Facebook followers, 25k emails collected, 2500 members, 500 recurring customers)
The average basket is $500
The company is one of most visible Champagne marketplace in Singapore
Business Operation
The competition is mostly the other wine online market place but our approach with offline events and working with corporates enable a true differentiation
Competition
More products (more than French wines and different prices), internationalisation of the business
Expansion Potential
Full training materials available, standard operating procedures
Support and Training
Partner with skills in the alcohol/wine business. Knowledge in eCommerce is a plus
Background & Skills
Yes, seller financing is available.
Seller Financing
United States