Auto Accessories Shop for Sale in Singapore

Business overview:
- Established over a decade ago, the business has been operating successfully since.
- It consists of four departments generating individual revenue streams:
1. Automotive car repair.
2. Car accessories & retrofit.
3. Administrative services (accident car repair, vehicle financing, insurance policy renewal)
- The business has achieved a profit of over $30K and maintains a strong online presence across platforms like Google Business, Facebook, and Sgcarmart.
- A diverse product range within the growing automotive and car accessories market, with ample potential for further product development.
- The business is expanding through online platforms like Shopee, Lazada, and Amazon, with opportunities to leverage untapped sales and marketing potential for growth.
- With well-defined Standard Operating Procedures (SOP), the business is ideal for new owners seeking a smooth transition.
Expansion potential:
- Opportunities to further expand on marketplaces like Shopee, Lazada, and grow the Amazon store.
- High scalability through strategies like remarketing to existing clients, affiliate marketing, and broader mass market promotion.
- The business is positioned for continued growth in the automotive sector, offering a broad range of products to meet customer needs.
Why take over this business:
- The business is not only profitable but also offers significant local growth and expansion potential.
- It benefits from an established reputation and trust in the industry, enabling a new owner to easily step in and grow.
- The online presence is already well-established, ensuring a steady flow of new customers without the need to start from scratch.
- The product range has received positive reviews and strong traffic, reducing reliance on heavy advertising spend, though ads can further boost customer inflow when needed.
- The business is semi-automated, with clear SOPs, allowing for an easy takeover and streamlined operations.
- A computerized invoicing and inventory system is in place for efficient billing and stock management.
- The transition includes the takeover of an established customer database, email domain, and business contact lines, ensuring no loss of leads.
- Due to their experience, the small yet skilled team is capable of handling business operations efficiently, ensuring a smooth and manageable transition without requiring full engagement from the new owner.
- A customer retention strategy and membership rewards program are already in place.
- The business is properly licensed and registered, with the promoter having 10 years of experience in the industry.