Singapore  Singapore

Post Ad
Listing Id: 29123 Last Refreshed: 25/09/2023 Total Views: 1602

(On Hold)Successful Wine Distribution Business With Ongoing Contracts Up For Takeover

BedokWineLiquor and Tobacco StoresFood and Beverage Distributors
Asking Price: S$374,999
  • Premise Type Work at Home Premise Size N/A
  • Monthly Rental S$6,000 Rental Desposit S$2,000***
  • 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 Part Time Staff 2
  • Established 2020 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Mandy

Reason For Sale

Leaving the country

Description

Fully set up wine distribution business with long-term client base and dedicated team, up for sale.  

We've done all the investment, put in the time and the business is reaping its rewards. 

With a stock value of approx $300,000 and receivables of approx $75,000. 

We have a fully automated back-end inventory management system that does everything from accounting to inventory management, purchase orders, invoicing, GST reporting, etc..

All stocks are in a bonded warehouse rental fee for which is 6000. All deposits included

Team all works from home, you can either continue your involvement managing the back end or hire someone to manage. 

This business has unlimited potential. Asking for $375k as the business is being sold purely on an asset basis without goodwill.  

We will be clearing all the liabilities before handing over the business.

We have major existing client contracts across the Singapore market and are in leading restaurants and clubs.   Monthly Revenue is around 65K. 

This is suitable for someone who has an interest in or loves all alcohol, (wine, spirits, beer). The staff each have over 20 years in the business and will give the required expertise from a wines perspective

Selling as we are leaving the country and will not be in Asia to manage. 

Payables are 0 to 30 days while receivables are 14 to 75 days. 

For genuine buyers only. Full takeover only.  

Property Information

Yes, it can work at home
Home Base
/

Just a moment... we are processing the request