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Listing ID: 1718542

With Retail Front and Online Presence - Well Established Twenty Five Years Old Textile Business For Sale

Arab Street, Singapore

SGD 250k to 500k

(Inventory / Stock included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

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.

Property Details

Years Established:

25

Property Type:

Lease

Inventory Value:

SGD 450,000

Other Details

Business Location:

Arab Street, Singapore

Premise Details:

Prime location in the traditional textile area of singapore.

Competition:

Limited due to specialisation in silk fabric.

Expansion Potential:

Potential exist with the use of newly developed e-commerce platform.

Operation Details

Employees:

5

Trading Hours:

10-7

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Owner retiring.

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