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Well-established twenty five years old textile business with retail front and online presence for sale (Singapore city, Singapore) Asking Price:£

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Well-established twenty five years old textile business with retail front and online presence for sale


Revenue £, Net Profit £, Established 1990

A well-established and tested, twenty five years old textile business with a good retail front and an online store is located on Arab Street, the famous textile street in Singapore.

The business enjoys an excellent mix of local walk-in customers, tourist shoppers and regulars from countries like Myanmar and Indonesia

Inventory consists of predominantly silk fabrics from India along with a selected range of Cottons and Linens.

The business maintains excellent relationship with its suppliers and has had a loyal group of store assistants from its very inception.

The business is available for immediate takeover as the owner is retiring.

Business Information

Number of Staff

5

Ownership

Rental

Any Expansion potential

E-commerce and International

Reasons for selling

Owner Retiring

Any Inventory / Stock value

SGD450,000

Is this a home-based business

No

Property

Shophouse

Telephone 97960596

Business Location details

Prime location along main Arab street, the famous textile street of Singapore

Competition / Market

Limited competition due to specialisation in Silk product

Trading hours

11am to 7pm

Any Support & training

Any Furniture / Fixtures

Any Living Accommodation

Can this business be relocated?

Yes

Is this business part of a franchise?

No