Listing Id: 2394
Total Views: 9331
(Sold) Successful Children's Business For Sale
Marine Parade
Date Closed: 06/06/2016
Asking Price: S$550,000
- 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$5,000
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
S$85,000***
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
N/A
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Established
2008
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Source
Direct Seller
Reason For Sale
Owner moving overseas
Description
Well established retailer of children’s furniture and accessories in Singapore. The business holds a niche market position, providing high quality furniture at affordable prices to both expatriates and the local Singapore community.
The business was established in 2008 by the founder to take advantage of a gap in the children’s furniture market as there were a limited number of children’s furniture retailers in Singapore. The business is renowned for high quality fine design and a unique collection with the in-house delivery and installation team.
The business has good potential for growth to the next level as it has has built a strong brand that is known for providing high quality children's furniture at affordable prices. Having its own designed solid hardwood furniture is the company’s biggest strength.
Business Operation
9am to 5pm Monday to Friday - 11am to 6pm Saturday and Sunday
Business Hour
The business is being offered with a full store inventory, furniture designs, off site warehousing, a new e-commerce website, full press/media list, an impressive social media following, SEO and advertising contracts in place, full store and warehouse fit-out, exceptional branding and excellent exposure in Singapore.
Facilities
There is considerable potential to expand the growing business through a range of different strategies, including expanding the range of furniture provided beyond children’s furniture to include adult bedroom furniture, dining and living ranges as the company's existing furniture suppliers are experienced at manufacturing a wide range of furniture products; further expanding the product offering to include soft furnishings and design services; taking advantage of its well-established brand by opening another store in Singapore, or other countries in the region; expanding its e-commerce sales via the website; complimenting an existing wholesaler or importer of children’s furniture or related children’s products.
Expansion Potential
Understanding of all operating procedures, use of new E-commerce website, use of established online accounting system, introduction to all suppliers, further support in the future available by negotiation.
Support and Training
Property Information
Two storey renovated shophouse
Premises Details
Yes, it can relocate to other place
Relocatable
United States