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Furniture Store for Sale in Singapore

Online and showroom retailer of wall bed systems, its associated products and cabinetry is for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 117 thousand
Run Rate Sales USD 117 thousand
EBITDA Margin Operating at loss
Industries Furniture Stores
Locations Singapore
Local Time 11:58 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: SGD 90,000)
Reason: Do not wish to continue managing the business due to change in health and family priorities. Our val... View More
Includes physical assets worth USD 55 thousand
Documents
Business Overview
- Company offers affordable and effective space-saving furnishings system to home, office, hostel, hotel and dormitory owners and tenants.
- Have two major suppliers from whom we procure the products.
- On an average, we serve 20-30 customers on a monthly basis.
- We also have our own website for online bookings.
- The facility is owned by one of our directors, the new buyer may rent it from us if he wants to continue at the same premises or could rent another place.
- Promoters have more than 8 years of experience in this furniture industry.
Products & Services Overview
Ready-made murphy / wall beds, customised wall beds and cabinetry, murphy bed lifting mechanisms and systems.
Facilities Overview
A showroom cum office of around 400 sq ft and a warehouse to keep stock which is owned by one of our directors.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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