Profitable Home Furnishings Company for Sale in Singapore
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | USD 160 thousand |
Run Rate Sales | USD 160 thousand |
EBITDA Margin | 40 % |
Industries | Plastic Packaging + 1 more |
Locations | Singapore |
Local Time | 11:23 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Business providing home and living improvement storage boxes.
- We have been operational in the local market for over 4 years and have a registered trademark.
- The products are sold through online platforms such as Shopee, Carousell, TikTok and our own website.
- We have not made any sales through our website or TikTok yet.
- Receive 20-30 orders daily with an average order value of SGD 30-35 per order.
- Receive 90% of the orders from Shopee and the remaining from Carousell.
- We source our products from 5 suppliers.
- Have solo started a TikTok account and have 400+ followers in less than 2 weeks of creating the account.
- Our shop has a rating of 4.8 with 8.8k followers on online platforms.
- The business is operated through a warehouse and one part-time employee.
- The business only requires an ACRA certificate for operations.
- The revenue of the business is currently low but will increase over the upcoming months.
- We require a small number of employees as we only store and ship out the products.
Specialize in providing innovative solutions for home organization, with a focus on home storage and sneaker storage boxes. Our top-selling products are designed to enhance your living space by offering practical and stylish storage solutions.
Our customers span a wide range of individuals, from those looking to tidy up their living spaces to avid sneaker collectors who want a dedicated and stylish way to showcase their footwear.
Warehousing display and system as needed for the business to operate.
We are operating from a leased warehouse with an area of around 1,000 Sq. Ft. 600 Sq. ft. of the warehouse is used for personal use. The lease ends in 3 months. The warehouse is located in the North-East direction.
- The ownership is fully held by the business owner.
- The present funding structure of our business is solely supported by the owner's funds.
- There are no outstanding debts or loans associated with the business at this time.
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Earlier than 15 daysFounder & CEO, AI, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Turbine Manufacturers, Singapore, Individual Investor / Buyer connected with the Business