Business Summary
URGENT & SINCERE SELLER LOOKING FOR GENUINE BUYERS!!
LOOKING FOR A GOOD DEAL!! START OFF IMMEDIATELY COMPLETE WITH SHOP, STOCKS, STAFF & KNOW-HOW.
3 Year Old Up Marketed Chandelier & Lighting Retail Shop (1800 sqft.) for Sale.
Brief: A business of real labor of love, passion & commitment. This Lighting Shop was conceptualized & realized like no other 'ordinary' lighting shop 3 years ago. We specialize in all kinds of Chandelier Products, Chandelier Design & Fabrications among other products & services.
Owners have set up the following assets:
a) Strong & reliable China Supplier Networks (GuangZhou, ZhongShan 5-8 years)
b) Strong & reliable Major LOCAL Supplier Networks (10-15 years)
c) 20 years of Collective Industry Experience
d) Zero Complains From Our Customers Reflects Our Constant Dedication & Product Excellence
e) Strategic Alliances With 2 Established Local Furniture Companies creates 4 Showroom Consignment Agreements For Our Products
f) Strategic Alliances With 2 Established Local Furniture Companies allow us to part-take in 8-10 'Home & Deco' Consumer Shows whereby We Only Pay for Set-Ups and not Floor Rental
g) Network of thousands of Property Agents & Interior Design Firms
h) Best Location with Attractive Rental Lease
i) Most well trained & experienced staff
j) Promotional Flyers, Websites, Magazine Advertisements etc.
i) and many more other items
Business Details
1) Location: Along KATONG/EAST COAST's busiest stretch of good restaurants, we are the only Lighting Shop here
2) Store Concept: Affordable Luxury Customized Chandeliers Set in a Classy Ambiance
3) Products: Customized Chandelier of All Sizes, Indoor & Outdoor Lights, LED Products etc
4) Services: Interior Design & Decorations, Lighting Consultation, Lighting Design/Fabrication, Lighting Import, Lighting Installations, Lighting Repair etc.
5) Product Profit Margin: Min. 100% Max 500%-800%
6) Extra Confirmed Income: Rental from other sources creates averagely $5700-$6500 Net Income (Tax Free)
7) Extra Possible Income: Rental from other sources creates averagely $6000-$6500 Net Income (Tax Free)
8) Extra Storage Area: Free Storage Area 400sqft. comes free with lease
9) Landlord: Kind & Easygoing with more than 20 other properties (he wont bother you as long as you pay up your rent)
10) Lease: We Can Assist in Arranging for Lease Extension
11) Staff: They Can Be Invited to Remain in Your Employment subjected to your requirements.
12) Company Vehicle: COE Mitsubitshi L300 Van with 6-8 Years Left, All Paid Up
Property Details
Other Business Details
Business Location:
Located on the East Side of Singapore - an affluent commercial & residential area packed with quality clients.
Facing main road leading to ECP; Surrounded by good restaurants & eateries; THE ONLY lighting shop in this area.
Full of new condominium, house re-developments. HOT SPOT!!
You cant get any units here anymore.
Competition:
We are the only Lighting Shop here.
Expansion Potential:
Just add a Sales Team to our existing business structure and you will confidently achieve a 100% growth within a year.
Living Accommodation?
Yes
Super comfortable small room (good for a couple) behind shop furnished with sofa bed, computer table, chair, carpet n a bathroom
Business Operation Details
Trading Hours:
11am - 9pm daily (No public holidays except Lunar New Year)
Support & Training:
Working partner and staff will be available for employment at your request. Salary Packages to be discussed privately.
Owners with more 20 years of experience will support new owners with all everything/way possible.
Other arrangements can also be discussed. We are most open.
Miscellaneous Details
Reason For Selling:
Other Overseas Interests, Cash Flow Challenges.
Australia
Canada
India
Singapore
South Africa
Thailand
UAE
UK
USA
Worldwide
