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Listing ID: 293 Total Viewed: 8567

Established porcelain photo & ancestral tablet business for sale (all equipment & staff included)

Ang Mo Kio, Singapore

Asking Price : SGD60,000

Revenue: SGD6,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1981

Gross Profit: SGD3,000

Inventory: SGD3,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD2,000

Liability: Not Disclosed

FFE: SGD100,000

Staff: 2

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

***NOT included in asking price

Reason To Sell
Retirement
Business Description

We are a pioneer in the manufacture of porcelain photo plates and ancestral tablets in Singapore. We are established in 1981 and have equipped ourselves with technology imported from Italy (worth $100,000) as well as trained staff.

Ready supplier and customer contacts to share immediately. Business is ongoing.

All to let go at $60,000 as founder is seeking to retire due to old age. Potential is limitless due to the growing local and regional markets. This is an evergreen industry.

Business Operations
Staff:
1 Local, 1 Foreigner
Property Information
Premise Status:
Rent
Rental Fee:
SGD350

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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