Owner has other personal commitments, unable to run the business efficiently.
Description
Looking for someone to take over a fully set-up floral & lifestyle retail space at King Albert Park Mall. Business has potential but owner is unable to manage it fully due to other commitments, so hoping to pass it on to someone who can run it more efficiently. Perfect for anyone wanting to start immediately without renovation or setup costs. The space operates as both a retail outlet and workshop venue, specializing in preserved flower arrangements and gifts. Ideal for florists, crafters, or entrepreneurs looking for a turnkey creative business. Owner is willing to guide after handover.
📍 Rental Details: • $3,800/month + GST • Possible to nego to $3,500 with landlord • Lease until September (option to renew) • Utilities approx. $200/month (covered for first 6 months) • WiFi approx. $93/month
⏳ Must exit by mid May — priority for fast completion
Business Operation
- Fully furnished 2-storey retail & workshop space (including your own washroom and sink area) - Existing preserved flowers, and artificial flowers for wedding decor inventory (over 4000 stocks remaining) - Professional floral tools & equipment - Shop furniture and fixtures, décor, and display pieces - Instagram account, website & customer following - Supplier list and contacts - Remaining 1 year lease with option to continue
Facilities
The preserved flower market in Singapore has grown steadily over the past few years and the market remains niche and design-driven. Premium mall location provides walk-in visibility unlike most online competitors. Dual concept (retail + workshop) adds experiential value — fewer direct competitors offer both.
Competition
This business has a strong foundation for growth, with an established setup, branding, and online presence already in place. Strong growth potential through: Expanding customized and themed floral products (e.g. pet-themed, event keepsakes). Leveraging on workshops and corporate orders — less price-sensitive and harder to replicate. Building a recognizable brand identity and storytelling, focusing on sustainable or sentimental floral gifting. Collaborations with other business such as cafes etc.
Expansion Potential
Owner willing to guide if required.
Support and Training
Floristry
Background & Skills
Property Information
1 year lease ending September 2026, with option to continue.
Lease Term
Good for locals, families, students in the nearby Bukit Timah/King Albert Park area. The mall serves the affluent community and neighbourhood-oriented in the area with a mix of lifestyle, food & beverage, enrichment, healthcare.
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