Singapore  Singapore

Sell a Business

Listing ID: 2618 Last Refreshed: 26/05/2019 Total Views: 6041

Small Premium Catering Business For Sale/Take Over

Woodlands

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$200K - 500K Cash Flow S$50K - 100K
  • Gross Profit S$200K - 500K Net Profit S$50K - 100K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1988
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Ng Wai Chuan

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

Just a moment... we are processing the request