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#Business ID: 38572

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Profitable E-Commerce/Online Retail Store (>9 Years) For Sale

Business Location: Singapore, Singapore

Asking Price: SGD under 100k Revenue: SGD under 100k Cash Flow: SGD 0 to 100k

[Inventory / Stock included]

Business Summary

Business Overview:
1. Established 9 years old business, run on part-time basis
2. TTM profit of >$30K with high profit margin
3. Highly-rated online store (>5,000 Positive Reviews) with established presence on major local marketplaces (Lazada / Shopee / Qoo10 / Carousell, TikTok Shop is recently started)
4. Diverse product range in a growing category (travel and outdoor), with niche categories that can be further expanded on using in-house product sourcing techniques to scope new products
5. Systematic product picture designing methods using simple tools for easy step by step development of highly marketable products
6. Untapped sales, marketing and branding opportunities that you can leverage on to continue scaling your business
7. Friendly to new starters with SOP (Standard Operating Procedure) and owner's guidance to smoothen your business operations
8. Self-sustaining business with minimal to zero overheads
9. Runs on an in-house program script to semi-automate inventory, data entry, P&L and marketing systems all in one! Allowing for an easier one man operation and saving you at least $120 every month than using services such as Xero or Zapier. You can be free of paying monthly subscriptions that keep increasing every year!

Interested parties only - to take over the online e-marketplace stores and the existing inventory. Please WhatsApp SC @ 84201186 with a short introduction of yourself.


Products & Services Overview:
1. Around 130-150 products (not including variations) ranging from travel accessories to outdoor products, which has a very high potential (average profit margin > 35%)
2. Footprint in 5 major local online marketplaces (Lazada / Shopee / Qoo10 / Carousell / TikTok Shop)


Why Takeover Our Store:
1. Profitable and Scalable: This business is not only profitable, but it also has untapped potential for local & overseas growth and expansion.
2. Established Store: Benefit from the reputation and trust I've built in the industry. New owner can establish & grow a brand for the products as the next step.
3. Over 5.7K High Rating Reviews Combined: Perfectly set up for your new businesses so you do not need to start from scratch.
4. Wide Range of Products: Our products have high positive reviews with decent daily traffic so you need not spend too much on ads. (However, Ads is still a must)
5. Beginner Friendly: Online is one of the best place you can think of to sell your products and earn a good income. If you are just starting out and do not wish to go through everything from the zero, I will be able to guide you.
6. Semi-Automated Business: Comes with free in-house systems and business operating SOP (Standard Operating Procedure) so you can easily start business from Day 1
7. List of Long-Term Suppliers: I have worked with these suppliers for years so that you can be assured of a steady supply stream.
8. Can be 100% Home-Based: Our inventory only takes up < 10sqm of space (less than a bedroom) so there is no need for costly rental & overheads.
9. Easy To Operate: Packing of the goods is extremely easy. No specific skills needed.
9. Over 5.3K Followers: So you do not need to re-build the reputation from scratch on these social media and marketplace platforms.


What's Included:
1. 5x Online stores (Lazada / Shopee / Qoo10 / Carousell / TikTok Shop) with over 5,700 4.9/5 positive reviews
2. Semi-automated sales entry system to help you track sales & inventory **
3. Automated inventory management system to help you keep track of inventory cost & movement, and see 30D sales velocity **
4. Automated inventory management system to alert you of when & how much stocks to procure, and manage supplier contacts **
5. Semi-automated profit & loss statement that is generated month-to-month and for the whole year **
6. Semi-automated social media platforms on 4 major platforms (Facebook, Instagram, YouTube, TikTok) **
7. Done-For-You Social media marketing assets which you can repurpose
8. Done-For-You Listing images & logo for existing products, including editable raw files and photos which you can repurpose
9. Done-For-You SOP (Standard Operating Procedure) so that even newbies can run the business from Day 1
10. Over 300 carefully curated long-time supplier contacts (including backup suppliers) so that you ensure a steady supply source
11. Owner will provide 2-weeks handover and guidance (Longer period can be discussed & open for negotiation).

**2,3,4,5 & 6 are developed in-house so it's free forever. No subscription needed!

Property Details

Size:

Online home based business

Years Established:

9

Inventory Value:

SGD 9,500

Other Business Details

Business Location:

Singapore

Expansion Potential:

1. Untapped Marketplaces Potential: Can expand to Amazon and further grow the TikTok Shop which is still nascent 2. High Scalability: Can set up online store to sell globally, move towards selling B2B (eg: wholesale) and/or leverage on affiliate marketing 3. Untapped Marketing Potential: Can leverage off-platform & influencer marketing to expand business reach 4. Growing Trend Category: People love to travel and there are Niche Categories to further explore 5. High Growth Industry: Solid e-commerce growth of estimated 10.76% (2024-2029)

Business Operation Details

Employees:

1

Trading Hours:

Max 3-4 hours per day to process orders and manage other aspects of business operations. Orders processing can be outsourced or hire part-time packer to further reduce your time commitment.

Support & Training:

All are welcome, no specific skills needed. 2-weeks training and support for buyers who are new to e-commerce industry.

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

To spend more time to manage other businesses.

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