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Listing ID: 3153253

Malaysia's Well-established Clothing Brand For Sale

Aeon Tebrau CIty, Johor Baharu, Johor, Malaysia

SGD under 100k

(Furniture / Fixtures and Inventory / Stock included)

Revenue: SGD 100k to 250k

Cash Flow: SGD 0 to 100k

Business Description

A Fashion Boutique in Aeon Tebrau City, is now available for immediate takeover.

- Focusing on Men & Women fashion, accessories and other merchandises.
- Profitable business, with a large database of regular customers
- Established online e-commerce sales channel
- Established social media platforms with over 50K followers
- Broad network of Local Celebrities & Influencers and are constantly being featured
- International-appeal of the brand
- High visual customised website
- Strong online presence
- Distributed on ZALORA & Robinsons KL

A) Sale of business (Brand included):
1. A fully renovated retail lot in Aeon Tebrau City, JB at a prime location (in front of TGV Cinemas)
2. A tenancy agreement with the mall ending December 2020 + another 2 years if decided to continue tenancy
3. Fully functional website that includes domain name, hosting services, payment gateway (iPay88, VISA/Mastercard, Online Debit for Local Banks and PayPal) and professionally custom design, opt in subscribers list to build buyers database, email services
4. Inventory of clothing & other equipments (worth RM30,000)
5. Social media platforms ie. Instagram & Facebook
6. Customers database
7. Supplier contacts
8. Artwork for digital presence and marketing
9. Guidance and support of operations for the first three months

A) Sale of business (Brand is NOT included):
1. A fully renovated retail lot in Aeon Tebrau City, JB at a prime location (in front of TGV Cinemas)
2. A tenancy agreement with the mall ending December 2020 + another 2 years if decided to continue tenancy
3. Inventory of casual clothing (not Brand's name, worth RM10,000)
4. Guidance and support of operations for the first month

Following are the financial details.
• Deposit paid to the mall's management = RM70,000 (refundable upon expiry of tenancy).
• Amount spent on shop renovation = RM200,000 (excluding stock).
• Tenancy agreement signed (3+2 years) between seller's company and mall's management, ending December 2020.
• Seller's company will be sold together with the shop (with no added cost on buyer).
• Paid-up capital of the company = RM100,000.

NOTES:
- Successful buyer is able to start business immediately with ready exposure
- FULLY RENOVATED SHOP
- Bring in your stocks and able to start operation immediately

Property Details

Size:

Almost 900 sqf

Other Details

Business Location:

Shop located in Aeon Tebrau City mall. Strategic & Prime lot location (in front of TGV Cinema) Fully renovated

Operation Details

Support & Training:

Will be provided as mentioned above, prior to handover

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