Profitable Specialty Retailer for Sale in Singapore
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 400 - 500 thousand |
Run Rate Sales | USD 445 thousand |
EBITDA Margin | 40 % |
Industries | Specialty Retailers + 1 more |
Locations | Singapore |
Local Time | 6:02 AM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Active |
- Featured in prominent fashion magazines and blogs, like Female, Honeycombers, Tatler Asia Business times and Timeout magazine.
- Specializes in selling vintage luxury clothing and accessories, with a focus on high-end brands such as Chanel and Gucci.
- Additionally, the collection includes a wide selection of costume jewelry and fragrances, providing a diverse range of products to cater to various customer preferences.
- Situated in the heart of the Joo Chiat area, the boutique attracts a mix of local Singaporean customers, expats, tourists, and holidaymakers from Australia, the USA, and Europe, leveraging its prime location to capture a diverse customer base.
- In addition to retailing luxury brands, the business also features a takeaway bar with regular F&B and liquor licenses, which generates a small portion of their revenue.
- The owner's 12 years of experience working for Gucci has facilitated strong connections within the luxury fashion industry.
- Receive about 30-40 average walk-ins per day in the store on the weekends.
- We employ part-time workers in our store from time to time as the need may be to keep up with the demand.
- Our products are mainly imported from Italy from one supplier with whom we have a strong exclusive connection.
- The business has a regular F&B license as well as a liquor license.
- Best-selling products are Chanel bags and Women's jackets.
- Our collection also included a huge selection of costume jewelry and fragrances.
- Also includes a take away bar serving authentic Italian food and alcohol.
Buyer will also get all furnitures, like racks shelves and cabinets with lights, storage tools, kitchen furnitures as well and a tiki bar counter worth around SGD 50,000.
- The store spans an area of 1,300 sq ft.
With a monthly rental of SGD 6,000.
- Located in an area prime for a nice shopping experience along with multiple restaurants and hangout spots nearby.
- The rental contract will expire at the beginning of next year, with the chance of renegotiation at only 10%.
Sole -proprietorship owned by the owner and founder of the business.
No debts or liabilities.
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Earlier than 15 daysAssociate Partner, Investment Firm, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Rubber Products, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Technology - Software Development, Singapore, Individual Investor / Buyer connected with the Business