Newly Established Craft Store for Sale in Singapore
For Sale: Hobby store in Singapore selling collectible diecast cars via storefront, serving 300-400 customers/week.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 163 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Craft Stores + 1 more |
| Locations | Singapore |
| Local Time | 9:29 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
47 thousand
(Native Currency: SGD 60,000)
Reason: The sale is due to the solidification of another business venture. Sale price is negotiable, looking...
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Includes physical assets worth
USD
47 thousand
Documents
Business Registration
(191.4 KB)
Tenancy
(532.6 KB)
Business Overview
- The business is a hobby store specializing in diecast model cars, located in Singapore, catering to automotive enthusiasts and collectors.
- With both a physical walk-in store and a high-performing vending machine as are the main sales channels, this business delivers convenience and a distinctive shopping experience.
- Products are sourced through individual brand distributors under multiple brands, ensuring a diverse selection of quality diecast cars to meet varying customer preferences.
- Customer footfall peaks during weekends (Friday and Saturday), attracting 300-400 visitors per week, highlighting strong local interest and vibrant weekend shopping activity.
- The store’s owner manages the business operations, supported by part-time staff hired as needed to maintain optimum sales and customer service.
- Officially registered with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore, this business maintains compliance with local business regulations.
- Emphasizing the storytelling aspect of automotive history, each diecast model is presented as a collectible piece, appealing to both passionate collectors and casual hobbyists looking for unique automotive memorabilia.
- With both a physical walk-in store and a high-performing vending machine as are the main sales channels, this business delivers convenience and a distinctive shopping experience.
- Products are sourced through individual brand distributors under multiple brands, ensuring a diverse selection of quality diecast cars to meet varying customer preferences.
- Customer footfall peaks during weekends (Friday and Saturday), attracting 300-400 visitors per week, highlighting strong local interest and vibrant weekend shopping activity.
- The store’s owner manages the business operations, supported by part-time staff hired as needed to maintain optimum sales and customer service.
- Officially registered with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore, this business maintains compliance with local business regulations.
- Emphasizing the storytelling aspect of automotive history, each diecast model is presented as a collectible piece, appealing to both passionate collectors and casual hobbyists looking for unique automotive memorabilia.
Products & Services Overview
The business’s top-selling products are special edition diecast model cars, which are highly sought after by both seasoned collectors and casual hobbyists.These limited releases, often tied to iconic automotive brands or historic vehicles, consistently sell out quickly upon arrival, making them a major revenue driver and a key draw for repeat customers.
Automotive enthusiasts across all age groups use these models for display, collection, and investment purposes, with many valuing the detailed craftsmanship and the storytelling behind each piece.
Assets Overview
Physical assets:- Complete stock of diecast cars of almost 5,000.
- Display cabinets and racks for display.
Intangible assets:
- Fully designed website and domain name.
- Social and online shopping platform accounts.
- Vending machine rental and lease agreement of location.
Facilities Overview
The business is currently operating from a rented store in Industrial Park, Singapore, with low rental rates.The store is fully stocked and ready to continue operation. The lease agreement has 1 year remaining.
A fully operational vending machine at a separate location is also included in the business.
Capitalization Overview
Self-funded.No outstanding loans.
There is 1 owner in the business.
This is a fully owned business available for takeover, complete with existing inventory.
Recent Activity
-
Earlier than 15 daysDirector, Consultancy, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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