Singapore  Singapore

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Listing Id: 23699 Last Refreshed: 02/09/2021 Total Views: 2847

Food Manufacturer Seeks Investors For Overseas Expansion !!! Great Potential For IPO !!!

Central AreaFood CateringFood Manufacturers
Asking Price: S$1,800,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
Vincent Lim Bradford, Lim & Associates - 90670575
Email Broker

Reason For Sale

Business Expansion

Description

An established food manufacturing company is looking to raise operating capital for its export expansion to China.
The company manufactures its own brand of frozen pizza, bread, cakes, soup and pies. It also manufactures healthy,
calorie controlled ready meals for the health conscious market segment. The company is halal-certified.

The company’s profit projection for the year 2022 to 2025 is total $5,743,825. The Company intends to raise $1,800,000 through the issuing of 100,000 shares for a consideration of $18 per share value.

If the company meets its objective of reaching $10 million revenue by year 2025, it should reach the target of $30 million by year 2026. The company plans to exit by way of an IPO.


YEAR


2021 (PROJECTION) SGD
2022 (PROJECTION) SGD
2023 (PROJECTION) SGD
2024 (PROJECTION) SGD
2025 (PROJECTION) SGD
Revenue (1)


1,906,982
2,078,610
2,265,685
2,469,597
2,691,861
Costs of Sales


(797,145)
(868,888)
(947,088)
(1,032,326)
(1,125,235)
Gross Profit


1,109,837
1,209,722
1,318,597
1,437,271
1,566,625
Export Revenue



2,400,000
4,800,000
7,200,000
10,000,000
Other Income


235,546
235,546
235,546
235,546
235,546
Export operating expenses



1,920,000
3,840,000
5,760,000
8,000,000
Depreciation


(50,370)
(54,903)
(59,844)
(65,230)
(71,101)
Remuneration


(506,904)
(522,111)
(537,775)
(553,908)
(570,525)
Other Expenses


(637,184)
(694,530)
(757,038)
(825,172)
(899,437)
Total Expenses


(1,194,458)
(1,271,544)
(1,354,657)
(1,444,309)
(1,541,063)






Net Profit Before Tax


150,925
653,724
1,159,486
1,668,507
2,261,108

Interested investors pls whatsapp/ call Vincent @ 90670575 for a discussion. Thanks !

https://www.bradfordlimassociates.com/


Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.



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