Listing Id: 25051
        
            Total Views: 1416
        
    
    
        
(Sold) Frozen Seafood Vending machine
        Bukit Batok
        Date Closed: 18/05/2022
        Asking Price: S$80,000
    
    
        
        
            
                
            
            
                
                    - Overview
 
                    - Reason For Sale
 
                    - Description
 
                        - Property Information
 
                
             
            
                Overview
                
                    
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                            Premise Type
                            
                            Neighbourhood
                        
 
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                                Premise Size
                            
                            
                            
                        
 
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                                Monthly Rental
                            
                            
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                            Rental Desposit
                            
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                             Revenue
                            
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                            Liability
                            
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                             Gross Profit
                            
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                            Net Profit
                            
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                            Stock
                            
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                            FFE
                            
                            N/A
                        
 
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                            Payable
                            
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                            Receivable
                            
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                            Owner Role
                            
                            Full Time
                        
 
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                            Staff
                            
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                            Established
                            
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                            Source
                            
                            Direct Seller
                        
 
                    
                 
             
            
                Reason For Sale
                
                    Looking for working partner with interest in seafood business
                
             
            
                Description
                
                    Kelong Seafood:  Seafood Vending Machine business
Looking for a managing partner with $80,000/- for a 50% stake in the company.
Prefer partner has knowledge and interest in seafood business.
Current Asset include in the retail shop
1.       5 units of chest freezers
2.       2 commercial 4-door freezers
3.       1 3-door display freezer
4.       1 2-door display freezer
5.       1 2-door display chiller
The Vending machine business started in October2021 with 5 units and we are making arrangements for 5 more to be operational.
The $80,000/- is running expenses and stock purchases.
An online Shopee store is in operation.
I have a kelong in Bintan harvesting, collecting and processing frozen seafood for the business in Singapore.
I will have to manage the Bintan Business and spend 2 days per week to assist in this venture