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Description | A 9 years old Bridal Boutique that has become a household name and one of the top choices for couples in Singapore is up for sale. A very profitable business, we provide a one-stop solution for discerning couples, specializing in designer couture gowns, professional wedding photography and personalize concept albums, expert make-up and hair services, floral arrangements, car rental, and much more. Great potential for expansion. Accomplishments: ** We are the bridal partner for top luxury hotels in Singapore. ** We win various prestigious awards in our field every year. ** We are profitable every year and international expansion plans are in place. Current owner will provide full training and support. |
Price | S$1,250,000 |
Location | 2 locations (one boutique and one photography studio) |
Revenue | S$1,700,000 |
Net Profit | S$240,000 |
Company Type | Private Limited |
GST Registered | Yes |
Years In Business | Since 2006 |
Why Did We Set Up | Many players are operating in an antiquated way, and we saw great opportunities in this niche market with more efficient operation management and effective marketing |
Owners Role | Managing |
Owners Background | Banking and Engineering |
Our Achievement | Many happy couples |
Our Customer | All couples who are looking to have memorable and beautiful weddings |
Our Competitor | Few |
Manager | 5 |
Full-Time | 14 |
Part-Time | 10 |
Premise Size | 4,000sf & 3000sf |
Lease Term | 3 years & 2 years |
Rental | S$18,500 & S$5,600 |
Trading Hours | 12pm - 9pm |
Relocatable | Yes |
Reasons For Selling | To venture to other business |
Cash For Expansion | Minimal |
Back Up Cash | Nil |
Staff Staying | Yes |
Training By Owner | Yes |
Expansion Potential | Yes |