Singapore  Singapore

Sell a Business

Listing ID: 2545 Last Refreshed: 07/05/2019 Total Views: 7446

Established 20 Year Plastic Disposables Business

Ang Mo Kio

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit S$10K - 20K Net Profit S$5K - 10K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1993
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Matthew
Email Owner
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Reason For Sale

Health Problems

Description

Similar to SKP, we sell plastic disposables of a large variety to hawker centres and coffeeshops. Plastic disposables are products that do not have limited expiry dates and is an evergreen industry. As long as people continue to take-away food from coffeshops and hawker centres, this industry will continue to prosper.

 

This business has been existent for more than 20 years and has a strong and established ongoing customer base. More than 85% of our customers have been with the business for more than 10 years and are still going strong.


We are the middle man between the manufacturers/suppliers and the customers. We DO NOT own a premise or a facility, hence there is no worry of monthly rental payment every month. We keep operations lean and operate out of a 10 foot box lorry that has been fully paid up for. 


Typical work involves:

1) Taking orders from customers

2) Ordering from manufacturers/suppliers

3) Delivery to the customers

4) Collecting money (MOST of the transactions are on Cash on Delivery basis with only A FEW that are on very short credit terms ranging from 1-2 days to a week, with 1 or 2 customers that are on monthly credit)

 

Is this business suitable for you?

If you are a responsible and committed individual(s) looking for a business that can start early and end work early, want to work for your own hard-earned money and reap the fruits of your own labour then this is the business for you. Mandarin is a required language.

However, if you are not willing to work hard, wake up early, easily give up, have other commitments, then please do not consider this business as this business will require time and effort to grow and sustain.

 

Business Development / Expansion

Gross profit for this business stands between $10,000 - $11,000 every month depending on customers’ demand. The business had recently taken a step toward expansion by purchasing an additional vehicle and hired staff. Our staff has been trained and is familiar with our products and customers. There is massive growth potential and depends on whether the buyer has enough dedication to take the business to the next level.

 

Request and taking over

We ask that the potential buyer retain the existing staff. Terms of employment will be briefed to the buyer. We had spent effort in training our staff and will be able to be of good help and assistance to you in this business.

We will provide the buyer with the necessary training required for running the business for a period of 2-3 weeks and you will have access to all the necessary information you need. The learning curve may be steep at the beginning, but with familiarization, you should be able to pick things up very quickly.

You are free to make adjustments to the schedule to match your lifestyle needs and your customers’. Start work early and end work early, certain flexibility is possible.

 

Selling Price

We are looking to sell the business at a reasonable price. We are more interested in making sure that the buyer is responsible and committed enough to look after our customers. 

 

Please do not misunderstand that this business is an easy one. Effort is required in not only operating but also managing the business and making sure that customers' requests are met. If you are willing to put in the hard work required and are looking to own your own business, this can be worth your consideration. Do contact me. Serious buyers only please, we do not have time to waste because my partner is pending hospitalization. Payment terms can be discussed. Thanks!

 



 


Business Operation

Great expansion potential.
Expansion Potential

Property Information

Yes, it can relocate to other place
Relocatable
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