Singapore

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Listing Id: 26380 Last Refreshed: 15/03/2023 Total Views: 1896

(Expired)Local Apparel Manufacturing Business For Takeover

ChangiFashion
Asking Price: S$150,000(Neg.)
  • Premise Type Factory Premise Size N/A
  • Monthly Rental S$8,000 Rental Desposit N/A
  • Revenue S$60,000 Liability N/A
  • Gross Profit S$6,000 Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
SAMUEL CHOON WEE

Reason For Sale

owners retiring

Description

Local apparel clothing manufacturing business for takeover including business name, existing clientels, machineries and existing employees.

Annual turnover for last 2 years was $700k. Was a leading major local supplier in the industry for many years with annual turnover in the millions of dollars before the pandemic.

Owner retiring after more than 40 years in the business.

$150k takeover fee.

Will re-imburse $50k for renovation if relocation is required.




Property Information

Rent
Premise Status
/

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