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Dominant 30-Year Hardware Retailer Central West For Sale

Singapore, Singapore
Asking Price:
$100K - $250K (SGD) Furniture / Fixtures included
Turnover:
$1M - $5M (SGD)
Net Profit:
On request

A rare opportunity to acquire the dominant, high-footfall hardware and DIY retail destination operating continuously for over 30 years in Singapore’s Central-West region.

Key Business Highlights:

• Market-Dominant Footprint:

Continuous 30+ year operating history anchored across two adjoining shophouses, commanding high visibility and substantial customer walk-in capacity in Central-West Singapore.

• Proven, Scaled Turnover:

Consistent annual revenue run-rate of ~$1,000,000 backed by a resilient multi-channel revenue mix: 80% high-margin retail footfall and 20% institutional/B2B repeat accounts (including prominent schools and universities).

• Turnkey & Autonomous Operations:

Run by a stable, seasoned, and professional in-house workforce managing counter sales, stock reordering, and day-to-day logistics, allowing an incoming owner to step in without operational disruption.

• Full Commercial Asset Base Included:

Transaction includes all operational fixed assets -- multi-station POS setup, back-office infrastructure, retail display systems, air-conditioning units, and authorized commercial paint-mixing machinery.

• Working Capital Advantage:

Fast-moving stock is valued strictly at cost, with existing supplier accounts payable (AP) structures providing immediate working capital flexibility during ownership transition.

Property Information

Real Estate:

Lease

Lease Terms:

Existing renewable commercial lease across two adjoining units with established landlord relationship. Full tenancy agreement details provided post-NDA.

Leasehold Rent:

$198,000 (SGD) per annum

Lease Rent:
$60 (SGD) per sq ft per annum
Living Accommodation:

2nd floor of the shophouse is included as residential quarters.

Location:

Prime ground-floor retail frontage across two adjoining shophouses situated in an established, high-density residential and commercial enclave in Central-West Singapore.

Premises Details:

Spacious, fully fitted dual-shophouse footprint offering extensive retail shopfront visibility, dedicated display shelving, POS service counters, back-office administration area, and segregated rear storage space.

Planning Consent:

Approved Commercial / Retail use.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Immediate upside potential via implementing an online e-commerce catalog, expanding institutional/facility-management B2B contracts, extending Sunday trading hours, and modernizing digital trade marketing.

Competition / Market:

Protected by a strong local community moat built over three decades, specialized mixing equipment (Nippon & Dulux), and locked-in institutional B2B procurement relationships that insulate the store from generic modern retail chains.

Reasons for selling:

Retirement / Ownership Exit.

Trading hours:

Standard retail trade hours (Mon–Sat, daytime operations).

Employees:
5-10
Years established:
30

Other Information

Support & training:

The outgoing owner will provide structured, hands-on handover support covering supplier introductions, POS operation, trade accounts, and operational procurement workflows.

Furniture / Fixtures value:
$30,000 (SGD) - included in the asking price
Inventory / Stock value:
$240,000 (SGD)