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Listing Id: 25051 Last Refreshed: 18/05/2022 1466 Views

Frozen Seafood Vending machine

Closed
Asking Price <span class='currency'>S$</span>80,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent
Premise Type
Neighbourhood

Business Details

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


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