A long-term Manager in place who would like to retain his position.
Sales for the 2024 Financial year $13,149,008.00 EBITDA $1,862,551.80. EBITDA calculated after paying the owners wage of $211,255.00 came in at $1,862,551.80
This Very profitable Business & Freehold Property is regarded as the jewel in the crown of its industry. It is available to purchase for the first time from its founding family before their retirement. Make no mistake assets of this quality rarely become available on the open market to purchase.
The business equipment and processing system employed are state-of-the-art and nothing short of impressive. It took decades to fine-tune and streamline, with the focus on reducing staff numbers without compromising volume and quality. Established in 2009, the business operates from an immaculate 1,016 m2 custom-built facility on a 3,046 m2 standalone site positioned in the most desirable suburb with great access for customers visiting the business.
To state a recent "one-week performance" ending on the 31st of Aug 2024 we see retail sales in the shop came in at $256,301.00, wholesale deliveries to three long-term customers that week were $8,136.00. Total Sales for 5.5 days week $264,437.00 The customer count for the week was 2855 people with an average dollar sale of $80 to $100
All plant equipment & vehicle's present immaculately and are included in the sale at a fair market value of $1,147,950.00 Factory fit-out would impress the most fastidious purchaser at a replacement cost of over $1.8 million. Net rental income of the freehold property after all expenses $416,000.00 p.a.
Closed on Sundays and all public holidays, including Christmas. The owner desires to sell the business & freehold property in a contemporaneous settlement.
Enquire and secure your future today, a fully detailed information memorandum with interviews and a facility video tour available to qualified buyers. Business & Property for sale via expressions don't delay this blue-chip business will be SOLD.
Copy and paste the link to express your interest - https://form-morgan-business.web.app/form/OVq7K1nSbO6Ay1mtGwwK
Singapore
