Listing Id: 34491
Last Refreshed: 03/12/2024
Total Views: 442
(Expired)Profitable Frozen Dessert Brand with 11 Outlets – Market Leader, Fully Automated
Central AreaDessert ShopsFood CateringYogurt Shops
Asking Price: S$2,000,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Shopping Mall
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Premise Size
N/A
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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
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Payable
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Receivable
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Owner Role
Part Time
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Staff
20
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Established
2016
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Source
Broker
Reason For Sale
After 10 years the founder and owner is looking to focus on other businesses
Description
The company specializes in frozen desserts and operates 11 strategically located outlets under a renowned brand - Prime retail locations.
Established eight years ago, it has experienced consistent growth and is now fully managed with minimal owner involvement. The owner is seeking to focus on other ventures, leaving significant opportunities for expansion in catering, events, and online sales. With an annual revenue of SGD 2 million and a profit of SGD 300k, this well-established and profitable business offers prime locations and untapped potential for further growth. If you are looking for a good business to operate yourself or grow your business by acquisition please reach out.
Business Operation
The owner is keen to provide a full handover.
Support and Training
Singapore