No Reason
Key Highlights
Singapore-based distribution business supplying waterproof socks, gloves, and beanies to retail outlets. Operating since 2016 and structured as a sole proprietorship. Acts as the sole distributor in Singapore for an internationally recognized waterproof apparel brand, since the brand’s entry into the local market. Runs an order-to-fulfil model with products sent directly to customer locations, with no retail shop rental and no stated overheads.
What Makes This Business Unique
The business combines sole local distributorship for an internationally recognized waterproof apparel brand with established retail outlet relationships in Singapore. Operations are built around an order-to-fulfil workflow with direct-to-customer delivery, reducing the need for inventory holding and fixed premises. The current go-to-market is retail-led, with online sales not yet opened, leaving a defined channel expansion path for a buyer with e-commerce capability. The sale package includes a bridge-in to existing sales channels and operational guidance during the takeover period.
Operations
Revenue is generated primarily from one-off transactions supplying waterproof socks, gloves, and beanies to retail outlets. Fulfilment is handled on an order-to-fulfil basis, with products shipped directly to customer locations and no stated requirement for inventory holding beyond small light stock for exchanges. The sale includes sole distributorship rights for Singapore (subject to supplier approval or transfer terms), supplier/product information, and the order fulfilment process. Transition support includes a bridge-in to existing sales channels and sales and fulfilment guidance during the takeover period.
Customers & Market
Customers are retail outlets in Singapore purchasing waterproof socks, gloves, and beanies for resale. Sales are currently focused on local retail channels, supported by existing outlet relationships. Referenced end-use segments include outdoor and sports retail, travel, cycling, hiking, fishing, and workwear-related channels.
Why This Business
Sole distributorship rights provide an established route to market for a specific waterproof apparel brand in Singapore, subject to supplier approval or transfer terms. Existing retail outlet relationships reduce the time required to secure initial distribution placement compared with starting a new distribution line from scratch. An order-to-fulfil model with direct shipping reduces operational complexity versus inventory-led retail distribution while keeping the option to add e-commerce as an additional channel. Handover support includes operational guidance, supplier/product information, and a bridge-in to existing sales channels to support continuity post-acquisition.
| Year | Revenue (SGD) | Earnings (SDE) | Net Margin |
|---|---|---|---|
| 2025 | SGD 2.3M | SGD 100K | 4.4% |
| 2024 | SGD 2.7M | SGD 110K | 4.1% |
| 2023 | SGD 1.3M | SGD 90K | 6.9% |
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DATA DISCLOSURE
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