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A Famous Kids Shoes Shop for Sales

 
 

General Summary


Established in 2014, this is a Kids fashion shoe and Educational Toy Shop.

A small boutique in a strategic location of an affluent shopping mall in QueensBay Mall, Penang.

Ideal for family run or first time business owners. All shoes and Educational Toy Shop are imported from Hong Kong Brand, China and own brand are in good condition.

Current lease agreement expires in Feb 2019. Renovated with high quality materials for floorings, fixtures and decorations.

There is a decent space with racks within the space for storage. Fixtures and finishing are very well maintained.

Cost of initial renovation in 2015 was MYR 120,000.

E-commerce website is on the way. Included in price are shoes stock, fixtures and finishings, E-commerce website, Instagram account, Facebook account, Email accounts, around 3.5k to 4k memberships mostly from Penang area.

Fixed Asset Net Book Value is RM 183,000 Current Asset RM 124,000 Good Will (LeMome) RM 50,000. Total RM 357,000 Option to sell off business as a whole, OR the shop's lease including furnishing and fixtures only. Negotiable.

Annual rental: USD21,000 Operating hours are 10.30 am – 10.30pm. Area : 444 sqft Asking Price : MYR150,000 / USD38,000

Further information available upon request, please contact seller below for more details.

Read more at https://www.mudah.my/A+Famous+Kids+Shoes+Shop+For+Sale-62244975.htm#h7UCKhiw4mxyzBvu.99

 
 
Malaysia, Pulau Pinang,
 

Business seek for: Full sale of business

Percentage of stake: 100%

Selling Price/Loan Amount: MYR 150,000

Category: Sector & Category FASHION, CHILDREN CLOTHING

Annual Turnover MYR 450,000

Annual EBITA MYR 0

The Seller info will be available after connecting

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