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Furniture Store for Sale in Singapore

For Sale: E-commerce leader in furniture & furnishing niche that receives 1,500 orders per month.
This transaction has concluded.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 6.6 million
Run Rate Sales USD 7.7 million
EBITDA Margin 15 %
Industries Furniture Stores + 1 more
Locations Singapore
Local Time 2:38 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.34 million (Native Currency: SGD 3,000,000)
Reason: As a start-up, and thanks to our network of contacts, the business is growing too fast and would req... View More
Includes physical assets worth USD 860 thousand
Interested to connect with advisors
Documents
Business Overview
• Established furniture and furnishing business based in Singapore with two physical stores and an e-commerce store.
• Experienced a CAGR of 45% since inception, with 50% of revenue coming from online sales in Singapore and Malaysia.
• Receive around 1,500 orders per month and the website alone brings in more than 140k visits monthly.
• Own brand and trademark in Singapore, manufactured by 3rd party in China and Malaysia.
• One of the best-selling brands consistently on e-commerce platforms.
• Own delivery service.
• Stores located in the eastern and western parts of Singapore.
• We run the business with 50 permanent employees as the online part of the business does not require high maintenence.
Products & Services Overview
Omni-channel furniture retail business with 2 physical stores and e-commerce store selling sofas, tables, beds, mattresses, and chairs.
Assets Overview
Physical assets include inventory and showroom set-up.
All e-commerce accounts & websites (brand. com website alone brings in more than 140k visits monthly and increases 40% YOY)
We are also one of the best-selling brands consistently on e-commerce platforms.
Facilities Overview
Have 2 rented experience stores in Easter and Western Singapore.
Capitalization Overview
The business is funded by 2 founders.
Looking for potential buyers or investors to accelerate the business.
Business has sgd 2 million loan.
More details will be revealed upon request.
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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