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Profitable Specialty Retailer for Sale in Singapore

For Sale: 9-year old profitable online retail business with high scalability and expansion potential.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 71 thousand
Run Rate Sales USD 71 thousand
EBITDA Margin 30 - 40 %
Industries Specialty Retailers
Locations Singapore
Local Time 7:11 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 74 thousand (Native Currency: SGD 95,000)
Reason: The owner operates other online store as well and they want to spend more time managing them. Inter... View More
Includes physical assets worth USD 7.4 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
1. Established 9 years old business, run on part-time basis.
2. TTM profit of >$30K with high profit margin.
3. Highly-rated online stores with an established presence on major local marketplaces like Lazada, Shopee, Qoo10, Carousell, and TikTok Shop have been recently started. We do not have our own website.
4. Diverse product range in a growing category (travel and outdoor), with niche categories that can be further expanded on.
5. Untapped sales & marketing opportunities that one can leverage to continue scaling the business.
6. Friendly to new starters with SOP (Standard Operating Procedure) and owner's guidance to smoothen the business operations.
7. Self-sustaining business with minimal to zero overheads.
8. In-house systems and marketing blueprint to help automate the business and save at least SGD 120 every month!
The new owner can be free of paying monthly subscriptions that keep increasing every year!
Interested parties only - to take over the online e-marketplace stores and the existing inventory.
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Expansion Potential:
1. Untapped Marketplaces Potential: Can expand to Amazon and further grow the TikTok Shop which is still nascent.
2. High Scalability: Can set up their own online store to sell globally, move towards selling B2B (eg: wholesale) and/or leverage on affiliate marketing.
3. Untapped Marketing Potential: Can leverage off-platform & influencer marketing to expand business reach.
4. Growing Trend Category: People love to travel and there are niche categories to further explore.
5. High Growth Industry: Solid e-commerce growth of estimated 10.76% in the next 5 years.
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Why Takeover Our Store:
1. Profitable and Scalable: This business is not only profitable, but it also has untapped potential for local & overseas growth and expansion.
2. Established Store: Benefit from the reputation and trust we have built in the industry. New owner can establish & grow a brand for the products as the next step.
3. Over 5.7K high rating reviews are perfectly set up so the new owner does not need to start from scratch.
4. Wide Range of Products: Our products have high positive reviews with decent daily traffic so you need not spend too much on ads. (However, ads is still a must)
5. Beginner Friendly: Online is one of the best places you can think of to sell your products and earn a good income. If you are just starting out and do not wish to go through everything from zero, we will be able to guide you.
6. Semi-Automated Business: Comes with free in-house systems and business operating SOP (Standard Operating Procedure) so one can easily start business from Day 1.
7. List of Long-Term Suppliers: We have worked with these suppliers for years so new owner can be assured of a steady supply stream.
8. Can be 100% Home-Based: Our inventory only takes up < 10sqm of space (less than a bedroom) so there is no need for costly rental & overheads.
9. Easy To Operate: Packing of the goods is extremely easy. No specific skills are needed.
9. Over 5.3K Followers: So one does not need to rebuild the reputation from scratch on these social media and marketplace platforms.
The buyer does not get the legal entity (Pte Ltd company) that owns and operates this business. The business is duly compliant with all necessary regulations.
Products & Services Overview
1. Around 130-150 products (not including variations) ranging from travel accessories to outdoor products, which have a very high potential (average profit margin > 35%). Some of the products include an RFID wallet and card holder, biker gloves, waist pouches, travel bags, and helmet caps.
2. Footprint in 5 major local online marketplaces - Lazada, Shopee, Qoo10, Carousell, and TikTok Shop.
Assets Overview
Intangible assets include:
1. 5x online stores includes Lazada, Shopee, Qoo10, Carousell, and TikTok Shop with over 5,700 4.9/5 positive reviews.
2. Semi-automated sales entry system to help track sales & inventory **
3. Automated inventory management system to help keep track of inventory cost & movement, and see 30D sales velocity **
4. Automated inventory management system to alert when & how much stocks to procure, and manage supplier contacts **
5. Semi-automated profit & loss statement that is generated month-to-month and for the whole year **
6. Semi-automated social media platforms on 4 major platforms (Facebook, Instagram, YouTube, TikTok) **
7. Done-For-You Social media marketing assets that can be repurposed.
8. Done-For-You Listing images & logo for existing products, including editable raw files and photos which can be repurposed.
9. Done-For-You SOP (Standard Operating Procedure) so that even newbies can run the business from Day 1.
10. Over 300 carefully curated long-time supplier contacts (including backup suppliers) that ensure a steady supply source.
11. Owner will provide 2-weeks handover and guidance (longer period can be discussed & open for negotiation).
**2,3,4,5 & 6 are developed in-house so it's free forever. No subscription needed.
The tangible assets include product stock worth SGD 9,500.
Facilities Overview
- Online home based business. Our inventory only takes up < 10 sqm of space in Singapore (less than a bedroom) so there is no need for costly rental & overheads. One can operate out of a warehouse if needed.
Capitalization Overview
- No loans or debts.
- Self funded initially. Now it is 100% self-sustaining business from the store's profits.
- 100% ownership with a single owner.
Recent Activity
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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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