Soft Furnishing Store for Sale in Singapore
Acquire a boutique carpet brand specializing in hand-knotted oriental pieces, led by an expert promoter.
| Established | 60-70 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 55 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Soft Furnishing Stores |
| Locations | Singapore |
| Local Time | 4:48 PM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.2 million
(Native Currency: USD 1,200,000)
Reason: The promoter is retiring.
The valuation takes into account the established brand name.
The valuation takes into account the established brand name.
Includes physical assets worth
USD
700 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business is a niche soft furnishing business located in Singapore, specializing in the sale of hand-knotted oriental carpets.
- Persian carpets are the top-selling product, known for their quality and intricate designs, appealing to high-end decorators and carpet enthusiasts.
- Products are procured from auction houses around the world, ensuring a diverse collection of unique and traditional rugs.
- Sales are driven predominantly through Instagram, leveraging the platform's visual nature to showcase the stunning carpet designs.
- Typically, the business successfully sells an average of 2 carpets per month, reflecting a focus on high-quality and niche market demand.
- The operation is managed by a small but dedicated team, ensuring personalized customer service and expertise in the field.
- The company is officially registered and has an incorporation certificate, adding a layer of credibility and trust for customers.
- Persian carpets are the top-selling product, known for their quality and intricate designs, appealing to high-end decorators and carpet enthusiasts.
- Products are procured from auction houses around the world, ensuring a diverse collection of unique and traditional rugs.
- Sales are driven predominantly through Instagram, leveraging the platform's visual nature to showcase the stunning carpet designs.
- Typically, the business successfully sells an average of 2 carpets per month, reflecting a focus on high-quality and niche market demand.
- The operation is managed by a small but dedicated team, ensuring personalized customer service and expertise in the field.
- The company is officially registered and has an incorporation certificate, adding a layer of credibility and trust for customers.
Products & Services Overview
The business specializes in selling hand-knotted oriental carpets, with Persian carpets being the top-selling product.Sales are primarily made through social media, especially Instagram.
Assets Overview
Tangible assets:- Stock of carpets worth USD 700k.
Intangible assets: Established brand name and social media accounts.
Facilities Overview
Has a rented storage facility used for stock storage, with a monthly rent of SGD 687 and has an area of 12 sq. meters.
Capitalization Overview
The business has no loans and has 2 directors, each holding a 50% stake.
Recent Activity
-
Earlier than 15 daysCEO, Computers And Electronics Manufacturer, Singapore, Individual Investor / Buyer connected with the Business
Tags:
Curtain & Bedding Shop for Sale in Singapore
·Purchase Curtain & Bedding Shop in Singapore
·Soft Furnishing Store for Sale in Singapore
·Pillow & Cushion Shop for Sale in Singapore
·Purchase Soft Furnishing Store in Singapore
·Purchase Pillow & Cushion Shop in Singapore
·Buy Curtain & Bedding Shop in Singapore
·Buy Soft Furnishing Store in Singapore
·Buy Pillow & Cushion Shop in Singapore
·Home Decor Shop for Sale in Singapore
·Purchase Home Decor Shop in Singapore
·Wallpaper Shop for Sale in Singapore
·Purchase Wallpaper Shop in Singapore
·Carpet Store for Sale in Singapore
·Purchase Carpet Store in Singapore
·Buy Home Decor Shop in Singapore
·Curtain & Bedding Shop for Sale
·Buy Wallpaper Shop in Singapore
·Soft Furnishing Store for Sale
·Pillow & Cushion Shop for Sale
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
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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