Singapore  Singapore

Sell a Business

Listing ID: 12870 Last Refreshed: 07/05/2019 Total Views: 8026

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

Tampines

Asking Price: S$100K - 200K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 2016
  • Owner Role Full Time Staff 0
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Maurice Bay
Email Owner

Reason For Sale

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.

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). 




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