United States

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Listing Id: 1228 Total Views: 12181

(Sold) Established Shoe Business For Sale

Central Area

Date Closed: 14/04/2015

Asking Price: S$50K - 100K
  • Premise Type N/A Premise Size
  • Monthly Rental S$3,700 Rental Desposit S$13,792
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 1
  • Established 2008 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

Family commitments

Description

We have been in the shoe business for more than 6 years and is currently one of the leading brands in the wedding shoes industry. We have a retail shop at Orchard and a very good online presence which makes it easy for customers to locate us via Goggle search. The business has been profitable but due to family commitments, we are looking for interested buyer to take over the business.

Business Operation

We specialised in wedding shoes and provide customisation service. This is a niche business with very few competitors in Singapore.
Competition
Great potential in expansion as the supply is weak but demand is strong. As long as more efforts and resources are put into publicity and brand awareness, there is a lot of room for improvement
Expansion Potential
Training on product knowledge, business operations, link-up with suppliers, managing of website/blog/facebook etc will be provided
Support and Training
Yes, seller financing is available.
Monthly installment at low interest rate, for a maximum period of up to 2 years.
Seller Financing

Property Information

Rent
Premise Status
3 years from Jul 2013
Lease Term
Shoes boutique with beautiful decor. Premise includes a store area and nicely-decorated shop front.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

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