Profitable Gift Voucher Business With High Growth For Sale

Business description

The company is packaging lifestyle experiences (spa, F&B, sport, hotels,....) in a giftbox in Singapore (same as RedBallon in Australia or Smartbox in Europe). The plan is to develop soon in neighboring countries as Asia is the only area in the world where this concept is not very well developed yet. Most of our products are sold to corporate (MNC's), but also online and in retail.

A few figures :
Turnover 2011 = 520KS$ (+140% vs 2010)
Turnover 2012 = 1200KS$ (forecast) with a turnover Q1 2012 = 550KS$ (real) // Profit 2012 = 180KS$ (forecast)
Turnover 2013 = 2400KS$ (forecast) // Profit 2013 = 440KS$ (forecast)

Property information

Real Estate:

Lease

Lease terms:

2 years lease ending in feb2013

Leasehold rent:

$37,200 per annum

Location:

Singapore

Business Operation

Expansion potential:

Asian countries starting with Malaysia & Indonesia

Competition / Market:

None

Employees:

2

Years established:

2009

Other information

Website:

Please click here to view the link

Relocatable:

This business can be relocated.