Consumer Electronic Business Assets for Sale in Singapore, Singapore
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 |
- 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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Earlier than 15 daysFounder & CEO, AI, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Fitness Center, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO/Founder, Technology, Singapore, Individual Investor / Buyer connected with the Business