Listing Id: 1191
Total Views: 10257
(Sold) Established Chain Lady Fashion Brand With 6 Outlets in Singapore and 2 Franchise Store In Oversea
Central Area
Date Closed: 18/01/2015
Asking Price: S$400,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$51,178
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Rental Desposit
S$146,000***
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Revenue
S$229,455
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Liability
S$0
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Gross Profit
S$135,507
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Net Profit
S$8,484
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Stock
S$260,000***
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FFE
S$180,000***
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Payable
S$0
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Receivable
S$0
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Owner Role
Full Time
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Staff
14
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Established
2007
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Source
Direct Seller
Reason For Sale
Like to cash out
Description
Singapore based lady fashion brand that established since 2007 by local designer. Business grows fast in the past 8 years.
In 2013, the sales is S$2.7mil and profit is S$260k(including the salary paid to the owners)
In 2012, the sales is S$2.5mil and profit is S$220k(including the salary paid to the owners)
In 2011, the sales is S$1.8mil and profit is $200k(including the salary paid to the owners)
Owner asking 660,000 including
1) S$146,000 rental deposit paid to landlord
2) Stock about S$260k
3) RENOVATION & Fixture cost S$180K
4) 6 Retail Outlet in heavy traffic shopping center in Singapore
5) 1 Franchise store in Malaysia
6) One Franchise store in Cambodia
7) One Wholesale customer in Malaysia
8) Online store
a) Customized online store
b) Online store in qoo10, Zalora(Singapore, Hong kong, Thailand and Malaysia)
9) The business branding
Business Operation
Shop is nicely renoved
Facilities
New buyer can develop the franchise in the oversea market. currently there are 2 franchise store in Malaysia and Cambodia already.
Expansion Potential
Property Information
Four outlet lease expire in 2015, and 2 outlet lease expire 2016
Lease Term
All the outlet located in the heavy traffic shopping mall, e.g, Bugis, Orchard etc
Premises Details
Yes, it can relocate to other place
Relocatable
United States