Listing Id: 26395
Last Refreshed: 16/05/2023
Total Views: 640
(On Hold)No.1 Commercially Run Kueh Manufacturer In SG Looking For Takeover
WoodlandsFood Manufacturers
Asking Price: S$1,000,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Factory
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Premise Size
2500 sqft / 232 sqm
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Monthly Rental
S$6,800
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Rental Desposit
S$17,000***
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Early Retirement of Major Shareholder
Description
The manufacturer is established in 2018 by professionals that have been in the industry for over 15 years. The factory is operated in a modern set up with machineries and stringent food safety and process SOP. The founders have invested in over half a million to set up the factory with capacity to scale 2x from the current app 20,000 pcs of kuehs/pastry daily.
The factory is also MUIS Halal certified and undergoing HACCP certification. The company has been awarded top 500 SME award for the consecutive 2 years, 2021, 2022.
The company has also establised a solid channel of distributions and secured various key account in Singapore. They currently supply to food centers, food courts, coffeeshops, bakeries, supermarket and HORECA.
The founders can provide all recipes, video of kueh making training manuals, complimentary consultancy (6 months). All the employees and clientele will remain with the business.
Singapore