Singapore Smart Home Products Business For Sale Asking Price: S$1,500,000

Due to personal stage planning, the seller intends to step away from daily operations after a proper transition period and is therefore considering a full sale of the business.

Overview

A Singapore-based operating smart home products business is available for full acquisition. The company focuses on smart door locks and smart drying rack systems, with an established business platform already in place. The business operates through both physical retail outlets and online sales platforms, making it suitable for buyers who want to acquire a functioning operation and enter the Singapore market quickly.

Indicative Financial Snapshot
Average monthly revenue: approx. S$140,000
Average monthly net profit: approx. S$40,000
Seller’s current monthly salary: approx. S$8,000
Business performance has been generally stable

Key Highlights
Established and operating Singapore business
Core products include smart door locks and smart drying rack systems
Existing retail + online platform dual-channel sales model
Business is not dependent on a small number of fixed key customers
Operations are not fully dependent on the seller’s daily on-site involvement
Business is expected to continue operating at a strong level after transition
Buyer can take over an existing platform, channels, and operating structure, saving significant setup time

Suitable For
Business owners seeking a faster entry into the Singapore market
Owner-operators looking for an existing business platform
Strategic buyers seeking regional expansion
Investors who prefer acquiring a functioning operation rather than building from zero

Transaction Notes
Seller prefers a 100% share sale
Asking price: S$1,500,000
Seller is open to a reasonable due diligence process
Short-term transition support can be provided for a smooth handover