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Listing Id: 13462 Last Refreshed: 07/05/2019 Total Views: 11490

(Expired)Baby Products Distributor / Wholesaler For Takeover / Sale

Ang Mo KioRetail Wholesale and Distribution
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$0
  • Rental Desposit N/A
  • Revenue S$500K-1M
  • Liability N/A
  • Gross Profit S$200K - 500K
  • Net Profit S$100K - 200K
  • Stock S$200,000***
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 1
  • Established 2014
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Looking to Migrate Urgently

Description

Looking for fuss free quick sale Inventory + Goodwill.

Current inventory at 200K (Total of 8 brands) + Goodwill factor = Price is negotiable as we are relocating urgently.
We will stay and guide you for up to 6 months to make sure you learn the ropes. Existing Staff will remain with the business as long as you treat them well.
This is a family owned baby products and distribution company which covers most of the distribution channels in Singapore. If you're looking to bring in brands from overseas, or are currently distributing products, or finding it difficult to get your products into the retail market, this is your chance to grab this distribution company that has got good relationship with the retailers! It is very rare to find a distribution company that has both online and offline businesses at the same time.
There is potential to grow and scale this company overseas as the website is equipped and designed for overseas scalability, and most of the brands has regional rights for distribution in South East Asia, USA and China.
This is an Assets Acquisition sale of the group of 2 subsidiary Private Limited Companies. All 2 companies are owned by 1 Director and there are no holding companies.
Assets include, but not limited to, the following:
- brand name of the company, and all its subsidiary companies and the goodwill thereof (inclusive of the registered Trademarks, etc)
- all fixed assets in the company's books
- all current assets in the company's books
- all the staff under the payroll of the company
- leases, and the rights and obligations thereof, of all warehouses under the care of the related companies
- house brand, rights and licences of its own house brand and products
- 4 to 5 different websites, 1 main website, and up to 10 different facebook pages with its own local fans
- customer database
- etc
The group of companies is being sold in its entirety, subject to terms and conditions.
WHY BUY THIS COMPANY?
- Established brand name and good will in the baby products industry. This means more open doors then starting a business from scratch.
- Very scalable business with excellent growth opportunities within Singapore as well as through overseas expansion.
- Continue with very own home grown local brand. This gives you a tremendous advantage over overseas competitors when exporting overseas.
- Minimise cost, Maximise profits: because this distribution company is local, has it's own house brand and company, there is no need for you to pay any loyalty or franchisee fees or a percentage of sales to any master-distributor. This means you get 100% of the profit you make.
- Possess the structure, staff, and infrastructure to be a big-player overnight that would otherwise take you many years to build.
- Scalable across different countries. You'll be guided and coached to expand into different countries.
Why start from scratch? How long will it take for you to build a distribution company with its related supporting subsidiaries? How much will it cost for you to hire and train new staff? What cost will be involved in establishing the manufacturing, distribution channels, and build different brands of this size?
Purchasing and taking over a distribution company like this would get you started in the distribution business immediately right from day 1.

Business Operation

Up to 6 months of support and training and overseas trips to suppliers
Support and Training
Operation Skills
Background & Skills

Property Information

Rent
Premise Status
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