Listing Id: 1864
Total Views: 20492
(Sold) Organic Food Retail Shop and Online Business for Takeover
Marine Parade
Date Closed: 18/02/2021
Asking Price: S$200K - 500K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
-
Monthly Rental
S$20,000
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Rental Desposit
S$20,000***
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Revenue
> S$1M
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$20K - 50K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Part Time
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Staff
8
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Established
2006
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Source
Broker
Reason For Sale
Prepare for retirement. Owner is seeking interested buyers take over the business and bring to higher level.
Description
Organic Food Retail Shop Business for Takeover
One of Singapore’s major Natural and Organic Food business founded in 2006 by owner Mrs Ann Tan and her eldest son Joe Tan.
The business is a retailer of fresh organic produce, health supplements, eco-friendly products and more.
Today they have 2 outlets located in prime area shopping mall.
Beside maintain pool of regular customers, also attracting more new customers in loving organic food.
Owner and the team is active in bringing in premium quality organic products from all over the world.
With the aim to promote a healthier lifestyle to the public, the team is committed to make organic food affordable to everyone.
The store provides Home Delivery service and Online Platform.
Products include:
Organic Fresh Produce
Groceries
Baby Food
Skin & Hair Care products
Household products
Health Food and Supplements
Business Operation
Well set up and sufficient stock in hand.
Facilities
The products in small stores may not in full line, they have varities products given more choices for cusomters.
Competition
Yes, expansion potential.
Organic food business is a niche and full of potential business, still has much room to grow as demands are increasing in the market.
If setup more outlets at other neighbourhoods malls, increase brand reputation and sales levels.
Franchise chance expansion possibility too.
Expansion Potential
Property Information
2 well-renovated retail outlets in different shopping malls located in prime area. Premise size approximately 3,000sqft each outlet.
Premises Details
Yes, it can relocate to other place
Relocatable
Korea