Singapore  Singapore

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Listing Id: 24604 Last Refreshed: 17/01/2022 Total Views: 1324

(Expired)Invest In A Government Approved Overseas Trade Fair! 80% Sold Out! 40% Annualised Return.

Central AreaCoffee Shops and CafesEvent Management
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type Office Building Premise Size
  • 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 Investor Staff N/A
  • Established N/A Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
samuel cheng Simple-Group Private Limited

Reason For Sale

Raising Project Financing and other F&B Business Opportunities

Description

This is a project financing opportunity!

This project goal is to bring Singpore F&B Businesses into Vietnam through a virtual trade fair. Event is paid for by the exhibitors, who are F&B SMEs in Singapore. We targetted 30 exhibitors and to date, we have sold 25 slots (80%) and will look to close the 30 exhibitors by Mid Feb 2022. Event will be held end March 2022. Event is approved by Enterprise Singapore.

Project if managed by experienced professionals with experience in cross border event management, F&B and banking experience.

Sales to exhibitors are on milestone payment and final payments will be received post event. Based on current sales of 25 slots, the project is profitable.

We are looking to raise a total of SGD130k for a period of 6 months. Each investment will be in 10k multiples. Key terms for a 10k investment:

- Principal: SGD10k
- Investment Horizon: 6 months
- Expected ROI annualised: 40% (SGD12k after 6 months)
- Capital protection: 85% (SGD8.5k if project does not meet target)
- Profit sharing: 25% profit sharing shared equally amongst investors when EBITDA exceeds budgetted SGD140k
- Senior payment tranche - investors will recoup and earn their returns before founding team receives their share of the profit
- First right of refusal for the next event in Indonesia

More projects in the pipeline! Do reach out to find out more!!!
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