Profitable Furniture Store Investment Opportunity in 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 |
- 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.
- 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.
- Inventory of space saving furniture and hardware.
- Office furniture & interior fittings.
- Laptops and printers.
- The business is debt-free.
- The business is currently funded using the retainer earnings.
-
Earlier than 15 daysGroup Manager, Automotive, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Rubber Products Manufacturer, Bhubaneswar, Corporate Investor / Buyer connected with the Business