Tailoring Company Investment Opportunity in Shanghai, China
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 150 thousand |
Run Rate Sales | USD 150 thousand |
EBITDA Margin | 40 % |
Industries | Tailoring + 1 more |
Locations | Shanghai |
Local Time | 10:18 AM Asia / Singapore |
Listed By | Advisor / Business Broker |
Status | Active |
- Business has started an online platform for tailors who manufactures made to measure clothes.
- More than 70 tailors with the shop are registered on the platform to provide custom made tailored clothes at an affordable price.
- The platform charges a fixed price of SGD 299 for non-wool suits and SGD 399 for wool suits regardless of the customer's body size, height, type of fabric.
- On the social charity side, there are old tailor shops and suit factories in Shanghai to be saved from closure. Platform markets their services and gives them business.
- Company has 70 Point-of-Sale across China and Malaysia and now recruiting more POS.
- Business generates revenue by charging a commission or success fee from the tailors on each order.
- The main aim, however, is to work toward building a global system that can offer fast service. The company's goal is to serve 50% of the total population with odd sizes and make them our long term customers.
- Business owns website, mobile app, furniture, computers.
Developed an online platform and mobile application to combine tailors and customers. Our platform offers customized tailored clothes and fashionable clothes that are made to measure.
- Have a rented operational office in Shanghai.
- The founder is Singaporean-Chinese who also operates in Singapore from a rented office.
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Earlier than 15 daysIndependent Investor, Manufacturing And Technology, Singapore, Individual Investor / Buyer connected with the Business