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Tailoring Company Investment Opportunity in Shanghai, China

Company has developed an online platform for tailors across Shanghai to provide made-to-measure clothes.
This transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Partial Stake Sale
USD 220 thousand for 10.0% stake (Native Currency: SGD 300,000)
Reason: The investment will be used to improve the platform, for digital marketing in China and to expand th... View More
Includes physical assets worth USD 60 thousand
Documents
Business Teaser
Business Overview

- 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.

Products & Services Overview

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.

Facilities Overview

- Have a rented operational office in Shanghai.

- The founder is Singaporean-Chinese who also operates in Singapore from a rented office.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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