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Profitable Home Furnishings Company for Sale in Singapore

Home and living improvement storage solution providers with 20-30 daily orders for sale.

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
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: SGD 140,000)
Reason: The owner wants to sell the business due to a personal urgent need for money.
Includes physical assets worth USD 33 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
ACRA Certificate
Business Overview

- 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.

Products & Services Overview

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.

Assets Overview

Warehousing display and system as needed for the business to operate.

Facilities Overview

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.

Capitalization Overview

- 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.

Recent Activity
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1 Buyer contacted this Business this month.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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