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Listing Id: 2380 Total Views: 11019

(Sold) Office Supplies Business To Sell

Kallang/Whampoa

Date Closed: 16/04/2020

Asking Price: S$350,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$2,200 Rental Desposit N/A
  • Revenue > S$1M Liability N/A
  • Gross Profit S$200K - 500K Net Profit N/A
  • Stock S$170,000*** FFE S$5,000***
  • Payable N/A Receivable N/A
  • Owner Role Part Time Staff 4
  • Established 1994 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
  • ***Inlcude in the selling price

Reason For Sale

Owner has another business which need his focus and energy

Description

Profitable and viable office supplies business. Well-known in the industry as we have more than 20 years history.

Full infrastructure set-up from office setup to warehouse and deliveries.

2x Delivery Vans

Modern business model:
-Fully functional and impressive e-commerce website (probably the nicest in the industry) with regular orders.
-Fully Social Media Setup; Facebook, Twitter, Google Plus and Instagram. The most active in the industry.
-Email blast system with 2 million end users email address and 360k corporate email address.
-Cloud based Order Processing, inventory and accounting system; IRAS compliant.

Good relationships and terms with suppliers.

Very motivated and committed team of staff; 5 full-time and 2 part-timers; do their best for the business. Minimum supervision required.

Owner able to draw a decent salary every month.

Potential to expand to more untapped categories. Midst of a unique project. And especially can commit full-time.

The asking price excludes Debtors and Creditors as the Owner will settle them himself.

Open to option for collaboration in any viable forms.

Business Operation

8.30 am - 6pm
Business Hour
Functional Warehouse and Office
2x Delivery Vans
Facilities
Competition is traditional and mainly focus on price discounts. Modern approach will give an advantage.
Competition
Potential of increasing categories and products using JIT; thus will not incur much additional cash-flow. Other opportunities will be shared with serious potential buyers.
Expansion Potential
Sales team is going through a training by consultant
Support and Training
Sales, Marketing, Finance, Operations
Background & Skills

Property Information

Rent
Premise Status
until May 2016
Lease Term
The office and warehouse is in a central location which makes deliveries easier.
Premises Details
Yes, it can relocate to other place
Relocatable

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