Listing Id: 4353
Last Refreshed: 07/05/2019
Total Views: 20878
(Expired)Divesting 20% Stocks - Leading Photography E-Commerce Company
Central AreaEcommerce Websites and Online Stores
Asking Price: S$50,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$500K-1M
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Liability
N/A
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Gross Profit
S$100K - 200K
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Net Profit
S$50K - 100K
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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
N/A
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Established
2016
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Source
Direct Seller
Reason For Sale
Original owner to pursue other interests overseas
Description
Founded in 2011, the business was started as a sole proprietorship. Using an online e-commerce platform and with active engagement in social media, it has attracted popularity among customers locally and has grown over the years until the owner found a new business partner last year and turned the business into a new private limited company with more ambitious expansion plans.
Original owner now wants to pursue other interests overseas for personal reasons and is currently looking to sell off his 20% stake.
What’s in store for you as a new investor?
1) Huge potential for future growth in digital / electronics market, one of the fastest growing sector in SE Asia
2) Company has a strong presence in Singapore e-commerce industry and social media (with top website ranking in Google and over 34,700+ followers in Facebook)
3) Company is in expansion mode with plans to further grow the business locally and into SE Asia & beyond
Suitable buyer could be those with a long term vision with potential to be elected as Managing Director to build a stronger company and bring the business to the next level.
United Kingdom