Singapore Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
FOR SALE
DISTRIBUTION AND RETAIL FURNITURE BUSINESS
A highly profitable distribution and retail business of designer custom made furniture and homewares is for sale. The business has been in operation in Singapore for the last 8 years. With sales globally and solid year on year sales growth the business has huge growth potential.
Our brand is currently sold in retail stores throughout Singapore with further options to expand this section of the business. The business is perfect for a sole trader, partnership or for an existing business looking to expand. As our brand is highly visible with a dedicated customer following and established relationships with suppliers, logistics and quality control of the product are streamlined.
The operational expenses are low due to the following:
1. Inexpensive rental space with ability to terminate the existing lease with 2 months written notice.
2. Paid up Inventory delivered on arrival to the customer, limited and inexpensive warehousing may be required.
Asking SGD$300,000 neg.
Please contact ask@cslb-asia.com
Facilities
All client orders are paid in advance with guaranteed income.
Competition
Shops that wish to offer this type of furniture / homewares in Singapore buy wholesale from us.
Expansion Potential
- Online sales
- working with more interior designers
- taking the business global
The company has excellent cash flow. Clients prepay the goods when placing the order, receiving income prior to payment to supplier. No receivables and liabilities are presently showing on the Balance Sheet.
Buyer Support & Terms
Background & Skills
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