Summary of the business
Established in 2001, the company specializes in visual merchandising and experiential activations for global luxury and beauty brands. The company has built a solid reputation in the industry by consistently delivering high-quality services that meet the demands of leading brands in competitive markets.
Company’s Strengths and Uniqueness:
- Good reputation – Listed as one of Singapore’s fastest-growing companies by The Straits Times and one of the Top-Growth Companies in Asia-Pacific by The Financial Times
- Strong Customer base – Loyal and discerning customer base includes renowned brands reflecting its credibility and premium positioning
Financial highlights
| Gross Profit | FY2024 | FY2023 | FY2022 |
| Revenue | 6,965 | 10,461 | 5,725 |
| Profit before tax | 843 | 858 | 637 |
| EBITA | 1,489 | 1,489 | 1,206 |
| Sellers Discretionary Earnings (“SDE”) | 1,634 | 1,609 | 1,194 |
SDE is EBITA after adjustment for non-operating expenses and owner’s compensation.
Asking Price
S$12 million to S$15 million
Included in sales:
- Property 1 – 1,724 sq ft, fully paid. Estimated market price is S$430k. 16 years lease left.
- Property 2 – 1,518 sq ft, loan left S$220k. Estimated market price is S$430k. 16 years lease left. Lease of 1 unit at S$29k per month until Nov 2025.