Listing Id: 21573
Last Refreshed: 30/03/2021
Total Views: 1271
(Expired)(Selling @ 0.3x Revenue) Profitable Chinese Snacks Distributor w Strong eCommerce (Financing Avail)
Kallang/WhampoaOnline ShopsFood and Beverage Distributors
Asking Price: S$200K - 500K
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
- Supporting Document
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$2,000
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Rental Desposit
S$6,000
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Revenue
S$100K - 200K
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Liability
N/A
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Gross Profit
N/A
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Net Profit
S$10K - 20K
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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
Investor
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
The business requires more funds for expansion, cashflow is tight at the moment and we've got other businesses to take care of. For more information: HS Lim - lbitenq@gmail.com / 9680 5206
Description
Selling at 0.3x Revenue.
At A Glance:
- 120+ active customers
- 80+ active SKUs
- $1mm - $1.2mm annual revenue
About:
- Founded in 2010
- In both modern & general trade
What are you buying?
- Profitable recession proof business
- Proven top selling products
- Experienced team to execute operations
- Hard to get/enter customer accounts
- Established online channels with high ratings (Redmart/Lazada/Shopee)
- Meticulously kept sales records
- Supplier contacts
- Customer accounts
- A modern sales process using best-in-class software and processes
Why are we selling?
- Business needs more funds for expansion β cashflow is tight at the moment
- Business works best as accompaniment to an existing wholesale business as much of the overheads can be absorbed
Full financing option available.
Inventory value of approx $180,000 (exact value determined via stock take done on handover date)
2+ yr old Toyota HiAce Van (to take at market value on handover)
Asking goodwill: $375,000 (0.3x Revenue)
For more information, contact HS Lim at lbitenq@gmail.com or WhatsApp 9680 5206
Refer to attached deck for more details.
Business Operation
Yes, seller financing is available.
$1 down.
Take over bank loans of $700,000
Loans in place with roughly a 4 year tenure remaining.
Seller Financing
Singapore