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Consumer Electronic Business Assets for Sale in Singapore, Singapore

Popular electronics accessories brand that WAS selling 600+ units/monthly through multiple channels and own website.
This Business is on a Premium Plan
Ownership Duration 5-10 year(s)
Industries Consumer Electronics + 1 more
Locations  Singapore
Local Time 10:15 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 66 thousand (Native Currency: SGD 90,000)
Reason: As the owner is focused on their primary business/job in a different industry, they are looking to s... View More
Name, Phone, Email
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Business Name
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Assets Description

- The brand is a premium trademarked, Singapore based, electronics D2C brand which is well known in Singapore on Lazada LazMall.

- Rare opportunity to buy an established/successful brand instead of starting from scratch and wasting 6-12 months developing the brand/designs/products etc.

- Started as a side project by the owner during the pandemic, and as their full-time role requires full attention now that travel is back to normal, they no longer wanted to continue to pursue this business.

- At its peak in 2021, the business was easily doing more than S$20,000+ per month in online sales via Lazada and Shopify.

- The brand has huge potential if run by a dedicated full-time entrepreneur or electronics business. There are hundreds of new potential products which can be added to grow the business organically.

- Offline/Wholesale channel was also never tapped, and regionally this is also a fantastic opportunity.

- There are thousands of satisfied customers with a 98% 5-star rating on Lazada.

- As the owner is looking to quickly shut down the business, he is willing to transfer over all digital assets (brand files, photography files, SG trademark, marketplace accounts, websites, domains, etc) to a buyer who is interested in taking over the entire balance stock (5,000+ pcs valued at SG$95k).

- Significant expense (S$60k+) was occurred in creating this brand and in generating 2 years of goodwill and market presence, but as the owner is in need of funds urgently and is busy with their full time job, and wants to close this deal as fast as possible.

- The business entity itself is not for sale as the owner has bought property through the entity which is not for sale. GST will apply on the transaction.

- Company has no loans outstanding and is run by a sole owner.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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