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Listing Id: 12978 Last Refreshed: 07/05/2019 17575 Views

Leading Trading Company In Ice Cream & Gelato Equipment And More

Closed
Asking Price S$200K - 500K
This business has been Sold

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

Overview

Financial Performance

Annual Figures
Revenue
> S$1M
Gross Profit
S$200K - 500K
Net Profit
S$100K - 200K
Monthly Rentalt
S$4,500

Business Operations & Assets

Stock
S$150,000
FFE
S$15,000
Receivable
S$75,000
Payable
S$12,000
Year of Incorporation
2008
Owner Role
Full Time
Premise Status
Rent
Premise Size
1980 sqft / 184 sqm
Rental Deposit
S$9,000
Premises Details
Warehousing unit in Henderson Industrial Park for hour storage, office, showroom, training centre

Business Details

Reason For Sale

Move back to home country

Description

Since 2008, it is us which have been providing the major kick to the Singapore ice cream and gelato industry for the past 10 yrs. We are the only company in Singapore which is an actual one stop solution being able to offer:
- Gelato and Ice Cream School
- Equipment
- Packaging, supplies accessories
- Ingredients
A one stop solution for any investor or company willing to be successfull in the ice cream and gelato industry.
The company is well established today and has a very strong customer base which allows the company to be extremely profitable and a very interesting investment opportunity.
For family reasons, as i am an italian citizen, i am planning to move back to my home Country.

The industry is extremely active with young entrepreneurs starting usually their business, product is of extreme interest as everybody likes ice cream and gelato and it is very entertaining to work in this industry. In my opinion, the potential of growth of the company is in the range of another 30-40% growth for the next 1-2 years with proper knowledge of the market and understanding of customers requirements.

The company can also be sold partially maintaining my partnership if desired. All our employees will be able to continue also under new management if so desired.
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