Listing Id: 25975
Last Refreshed: 15/08/2022
Total Views: 906
(Expired)Sportswear Brand & Products With A Worldwide Reach For Sale
Bukit MerahApparel StoresClothing and Footwear ManufacturersSports Shops
Asking Price: S$2,000,000(Neg.)
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Direct Seller
Reason For Sale
Exit to handover to a new party with larger or stronger muscle to take make it bigger
Description
Launched in 2017, this business has grown and even rode past the pandemic to become a brand with a worldwide reach. The brand sells primarily DTC online and has a very large following in Malaysia and Singapore in the sports that it caters to.
The four markets that the brand and products have penetrated are, in the order of size:-
1. Malaysia
2. Singapore
3. USA
4. The Middle East Region (UAE, Qatar, Kuwait)
The business is showing a good growth trajectory for the four regions above as well as strong opportunities in Australia & New Zealand and India.
The purpose of the business being sold is to hand it over to a larger group, or groups of businesses or businessmen, who can now take this brand to the next level and make it the world's first and premiere sportswear brand from Singapore and Southeast Asia. To become the Nike of Singapore.
Singapore