Singapore  Singapore

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Listing Id: 2618 Last Refreshed: 26/05/2019 Total Views: 6670

(Sold) Small Premium Catering Business For Sale/Take Over

WoodlandsTake Aways
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
Ng Wai Chuan

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$200K - 500K
  • Liability N/A
  • Gross Profit S$200K - 500K
  • Net Profit S$50K - 100K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established 1988
  • Source Direct Seller

Reason For Sale

Owner Retirement

Description

Small homegrown catering business, estab. since almost 30 years ago. Owners wish to sell due to retirement.
Past 5 years average annual sales revenue of $450k.
5 year average gross profit margin is 49.5%, and 5 year average net profit margin is 10%.
The business has also won 2 local culinary awards and 1 regional culinary award within the last 5 years.

Asking price is $350,000 (negotiable).
Sale price includes Central Kitchen assets, equipment, recipe lists and delivery vehicle.
Owners are willing to stay on for up to one year after sale to provide staff training and oversight during transition period.
Operational on site visit and food tasting sessions can be arranged.

Property Information

Rent
Premise Status
/

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