Need help?

Profitable Furniture Store Investment Opportunity in Singapore

Seeking Investment: Company providing a broad spectrum of space saving furniture & hardware across Singapore.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 200 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 30 %
Industries Furniture Stores
Locations Singapore
Local Time 6:30 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 500 thousand for 30.0% stake (Native Currency: USD 500,000)
Reason: The proceeds from the investment will be used for: - Marketing & advertising our brand name across ... View More
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our company sells a broad spectrum of space saving smart furniture along with their hardware and accessories across Singapore under our own brand name.
- The owner also operates a holding company which is a financial advisory firm. This furniture company is a subsidiary. Both the companies function autonomously with no profit sharing.
- This investment opportunity only for the subsidiary company that sells space saving furniture and hardware and not for the holding company. All the details mentioned in the profile are for the subsidiary itself.
- We do not manufacture any of the products ourselves. Manufacturing is outsourced through 5 manufactures in China & Malaysia. Finished products are then imported in Singapore. There is no explicit contract with either of them. Logistics support is outsourced.
- We sell furniture through our own website. Customers can book an appointment to visit our showroom in order to check the functionality of their desired furniture. This is the only channel through which we sell our space-saving furniture they contributor to over 70 percent of our company's total revenue.
- We receive over 10 clients a month for our space saving furniture.
- Our company has affiliations with over 50 interior designers across Singapore who purchase hardware and accessories for these space-saving furniture. These hardware products are sold primarily through two channels: our own website and directly to interior designers. We do not hold any explicit contract with any interior designers.
- This business is extremely valuable primarily due to our broad range products and large client base.
- The business does not need a large team as most of our operations are outsourced.
Products & Services Overview
Our company sells the following products:
- Space-saving smart furniture such as convertible dining tables, coffee tables, queen and single wall beds, Murphy beds, sliding closets and bunker wall beds.
- Hardware specifically for space saving kitchen and cabinet furniture such as wall-bed hardware, hinges & handles, extension table hardware, etc.
Assets Overview
Physical assets include:
- Inventory of space saving furniture and hardware.
- Office furniture & interior fittings.
- Laptops and printers.
Facilities Overview
The business runs operations from a rented facility spread across 1,800 sq. ft. in Singapore.
Capitalization Overview
There are two partners in the business. Both partners have 50% shareholding.
- The business is debt-free.
- The business is currently funded using the retainer earnings.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more