Singapore

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Listing Id: 30066 Last Refreshed: 17/11/2023 Total Views: 553

Cycling Related Retail Shop With Distribution Rights In Several Countries For Sale Or Investment

Central AreaSports Shops
Asking Price: S$100,000
Business For Takeover
Look For Investor
Look For Partner
Ong
Email Owner

Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • Monthly Rental S$3,500
  • Rental Desposit S$7,000***
  • 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 Investor
  • Staff N/A
  • Established N/A
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Lack of Time Running Multiple Businesses

Description

This is an extremely unique business which is fun and exciting for like-minded investors or business owners. The business has a retail street level store in CBD and is accessible by MRT stations (5-10min walk).

The business carries the biggest major brands in the product segments it operates in and have the distribution rights for one of the most sough after names in its niche business. There is a lot of potential in growing the business both locally and regionally as the outreach by current owners are not fully developed due to their other full time work commitments.

Buyers will take over stocks at value, remaining rental lease and deposit (about 1 year left) and a goodwill sum of $10,000 or share of profit negotiable. This will cover all the training, introduction to stakeholders and partners and database of more than 2000 customers.

Property Information

Rent
Premise Status
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