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Description

We run an IT Retail shop who has been in business for 25 years, serving both corporate and retail clients. We sell extensive IT hardware and software items including home entertainment, printers, wifi, antivirus, accessories and peripherals, cables, adapters, chargers, PC, hard drives, tablets, gaming gears, headsets, ink cartridges, memory cards, USB, speakers, mouse, monitor screens, projectors, scanners, wearables and many others.
We have 2 stores in great shopping malls.

Currently, at an annual revenue of $4 Million, we do not do any marketing at all. Thus, there is a great potential for revenue growth. We carry an inventory of around $700K.

We offer wide variety of brands including 3M, ATZ, Asus, Belkin, Brother, HP, Canon, Creative, Edifier, Epson, Fitbit, Xerox, Fujitsu, Griffin, HGST, Huawei, Intel, IWalk, JBL, Jawbone, Logitech, Microsoft, Sandisk, Seagate, Tarsus, Targus, UE, Samsung and many more.

Our website and on-line shop are fully developed and has been a great source of revenue as well.

The sale of the business includes full know-how, experienced staffs, suppliers & customers list, and extensive training.

Don't Miss this Rare Opportunity.

Price

Under Valuation

Location

Near Orchard Rd and Western Part of Singapore

Revenue

$ 4 million/year

Net Profit

8%

Company Type

Private Limited

GST Registered

Yes

Years In Business

25 years

Why Did We Set Up

A great cash business

Owners Role

Managing

Owners Background

Entrepreneur

Our Achievement

Staying power and many loyal regular customers

Our Customer

All adults, teenagers and children

Our Competitor

Many

Manager

1

Full-Time

10

Part-Time

0

Premise Size

500sf

Lease Term

3 years

Rental

S$6000 per location

Trading Hours

10am - 8pm

Relocatable

Yes

Reasons For Selling

To manage other business

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Good