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Listing Id: 1864 Total Views: 20519

(Sold) Organic Food Retail Shop and Online Business for Takeover

Marine Parade

Date Closed: 18/02/2021

Asking Price: S$200K - 500K

Overview

  • Premise Type Shopping Mall
  • Premise Size
  • Monthly Rental S$20,000
  • Rental Desposit S$20,000***
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 8
  • Established 2006
  • Source Broker
  • ***Inlcude in the selling price

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
yes
Support and Training

Property Information

Rent
Premise Status
2 + 2
Lease Term
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

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