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Listing Id: 37539 Last Refreshed: 20/06/2025 707 Views

Established For 25 Years: Reputable Honey Business With Proven Market Presence

Expired
Asking Price No Takeover Fee
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Staff
10 Employee
Owner Role
Full Time
Premise Type
Office Building
Premises Details
- Freehold property
- Storage at level 1, Office (fits 5-6 people) at level 2

Business Details

Reason For Sale

Retirement

Description

PLEASE CONTACT ME VIA WHATSAPP ONLY!

Asking Price: (Negotiable)
- Business Only: S$1.7 million (includes goodwill, inventory, brand IP, and outlet operations)
- Freehold Property: S$1.8 million (latest valuation)
- Bundled Sale (Biz + Property): S$3.5 million (Seller can settle mortgage upon sale)

Business Overview:
A 25-year-old, reputable honey company with strong local brand equity, this opportunity includes a loyal customer base, lean operations, and multiple untapped revenue streams. The business sells under its own proprietary honey label, sources directly from beekeepers in NZ, US, Australia, and Europe, and operates with positive cash flow.

Revenue Channels:
- Retail (2 outlets) – 90% local customers, strong return customer base
- Department Store Presence – Concession arrangement with Takashimaya
- Bulk Supply – Sells to beer companies and food courts

🔹 Key Strengths
1. Debt-Light: Only mortgage loan of S$100k (previous owner is willing to pay if buyer acquires property too)
2. Strong Brand Trust: Established for over two decades,
3. Freehold property (Property value of $1.8million)
4. Direct Global Sourcing: Longstanding supplier relationships with overseas beekeepers

🔹 Growth Potential
🚀 No E-commerce or Online Marketing – A blank slate for digital expansion
🌏 No Exporting – Open potential to scale internationally
🎁 Hamper Gifting – Previously successful, ready to relaunch
🛡 Singapore Trademark Eligible – Business has met 10-year criteria

Buyer Support & Terms

Support and Training

- Staff: 10 local promoters (fully CPF-compliant), back-end ops (accounts, payroll) outsourced
- Training & Transition: Owner to remain for 6-month handover; key staff will stay on post-acquisition
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