Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
The company operates two strategically located retail outlets in prominent malls across Singapore. It also maintains a central warehouse and office facility that supports logistics, inventory management, and online fulfillment.
The business is built on sound fundamentals: streamlined operations, lean staffing, and a strong retail product line with broad consumer appeal. This is a turnkey opportunity, ready for continued operation or growth under new ownership.
2. Reason for Sale
The owner is retiring and has decided to exit the business after several successful years of operation. This is a planned and personal decision, with no performance-related issues. Full handover support will be provided to ensure a smooth transition..
3. Business Highlights
• Established brand with multiple years of operating history and repeat clientele
• Physical presence across two high-footfall malls, with a fifth outlet recently launched
• Central warehouse-office facility to manage inventory, logistics, and admin
• Trademarked branding and a professionally managed online store
• Registered Shopee and Lazada marketplace storefronts, currently underutilized
• Combined e-commerce sales (direct and third-party) contribute less than 10% of total annual revenue, offering substantial upside
• Seasonal and gifting sales spikes during festive periods
• Consistent cost structure and normalized profit potential above six figures
• Flexible staffing with commission-based retail team and centralized management
The business has already established the infrastructure for online scalability. Its Shopee and Lazada platforms are fully set up and operational but have not yet been maximized.
4. Financial Performance (Rounded for Confidentiality)
This business has maintained consistent profitability, with an efficient cost structure and room for margin improvement. Normalized profit figures have been adjusted to reflect the S$5,000 monthly owner’s director fee, which can be retained, replaced, or restructured by the buyer.
2023 Revenue: Approx. S$770,000
2023 Net Profit (Reported): Approx. S$35,000
2023 Normalized Profit: Approx. S$95,000
2024 Revenue: Approx. S$640,000
2024 Net Profit (Reported): Approx. S$34,000
2024 Normalized Profit: Approx. S$94,000
2025 Revenue (Projected): Approx. S$840,000
2025 Net Profit (Projected): Approx. S$44,000
2025 Normalized Profit (Projected): Approx. S$104,000
Note: 2024 revenue reflects transitional investment in the newly launched outlet. The outlet is expected to contribute significantly to 2025 growth.
5. Lease and Premises Overview
The retail outlets are strategically positioned across Singapore’s most commercially attractive zones. The locations are secured under favorable lease agreements with clear renewal paths.
• North-East Integrated Mall
Lease valid until April 2027, with base rent and 2% GTO. High daily traffic due to adjacent MRT and suburban community presence.
• Eastern Regional Mall
Lease valid until May 2028, with base rent and 1% GTO. Popular among professionals, families, and local shoppers.
• Industrial Estate Warehouse & Office (JTC Facility)
Lease valid until July 2026 with automatic 3-year renewals. Used for central storage, inventory control, dispatch, and admin.
6. Team & Operations
The company operates with a lean and performance-incentivized team. Daily operations are well-documented with clear SOPs for product training, customer care, inventory, and cash management. Staff are trained to handle sales autonomously with minimal supervision.
Key staff includes:
• One Operations Manager (Singapore PR)
• One Admin Manager (Singapore citizen)
• One Warehouse/Office Assistant (Work Permit, commission-incentivized)
• Four retail staff, including a commission-based Sales Supervisor and three salaried+commission Sales Personnel (Work Permit holders)
The current structure allows for flexible staffing, low fixed costs, and strong alignment between performance and pay.
7. Assets and Transfer Inclusions
The following assets and rights are included in the proposed sale:
• Inventory valued at approximately S$130,000 (at cost)
• Brand trademarks and all intellectual property
• Digital sales infrastructure, including website and POS integration
• Lease rights and premises deposits
• Customer database and sales records
• Supplier, freight, and product formulation relationships
• Marketing and promotional content archive
• Operational SOPs and training materials
• Full handover support for up to 3 months
8. Seller Transition Support
The seller is prepared to:
• Provide 1–3 months of hands-on transition training
• Introduce the buyer to suppliers, landlords, and team members
• Transfer all operational systems, assets, and business know-how
• Remain available for follow-up advisory or consultation (if desired)
This ensures business continuity and buyer confidence during the change of hands.
9. Next Steps and Inquiry Process
Interested parties are invited to express interest and proceed with the following steps:
• Sign a Non-Disclosure Agreement (NDA)
• Review high-level financials, lease agreements, and outlet performance
• Conduct store visits (if required)
• Discuss valuation and terms with the broker
• Execute an LOI or formal offer for transaction structuring
Broker’s Disclaimer
This memorandum is provided solely for preliminary informational purposes. It does not constitute an offer or solicitation to sell or purchase any securities or assets. All information has been provided by the seller and, while believed to be accurate, has not been independently verified by the broker.
Prospective buyers are responsible for conducting their own due diligence. Any decision to proceed must be based on the buyer’s evaluation, financial advice, and legal counsel. The broker represents the seller and facilitates introductions under confidentiality.
Further details will be shared only upon execution of a Non-Disclosure Agreement (NDA).
AI Business Analysis
Get AI-assisted insights into this business’s strengths, risks, key questions, and due diligence points.
Understand this opportunity more quickly
Review the key strengths, financial considerations, risks and due diligence points identified from the listing.
Submit Enquiry
Introduce yourself and explain what you would like to know about this opportunity.
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams
Singapore