Businesses For Sale in SingaporeSingapore

Listing ID: 12870
Total Viewed: 3029
Last Refreshed: 19/09/2018

Exclusive Edible Cutlery Distribution (As-Featured-On Wsj, Economictim

Tampines

Asking Price : SGD100K - 200K

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2016

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Bidded and secured exclusive distribution rights in Q1 2017 but faced production issues for 12 months. Manufacturing is back up but I already started a different business while waiting.
Business Description

The business is a distribution business that sells Edible Cutlery as featured on www.bakeys.com. More details can be found in different versions of these videos that has gathered nearly a billion views: http://video.nationalgeographic.com/video/short-film-showcase/a-spoon-you-can-eat-is-a-tasty-alternative-to-plastic-waste-1


Edible Cutlery is essentially a newly invented alternative form of cutlery that is not only biodegradable but also edible like a biscuit or cookie. Its been extensively covered across mainstream media like the WSJ, Economic Times, TEDx and Telegraph etc. and is widely expected to be adopted around the globe. 


Several use cases for this cutlery include Takeaway Food, Wedding Favours, Baby Disposables as well as Door Gifts and everything of the like. The prices of the spoons are kept artificially low (and will remain low) at 12c/spoon as we are trying to drive adoption and sustainably reduce plastic wastage in Singapore.


Business has exclusive rights to the distribution of Edible Cutlery in Singapore (Rights have been bidded, secured and paid for). 




Business Operations
Staff:
Not Disclosed
Property Information
Premise Status:
Rent
Rental Fee:
SGD0

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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