Singapore  Singapore

Sell a Business

Listing ID: 20540 Last Refreshed: 13/01/2021 Total Views: 3719

***Sourcing For Investors*** BESPOKE CATERER LOOKING TO RELOCATE. $65K (ROI 2 years)

Central Area

Asking Price: S$65,000
  • Premise Type N/A Premise Size 2000sqft
  • Monthly Rental S$6,000 Rental Desposit S$24,000
  • Revenue S$65,000 Cash Flow N/A
  • Gross Profit S$42,000 Net Profit S$12,000
  • Stock S$0 Liability S$0
  • Payable S$0 Receivable N/A
  • FFE S$0 Established 2016
  • Owner Role Full Time Staff 5
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
RG Group Pte Ltd
Email Owner

Reason For Sale

Sourcing For Investment

Description

Dear Investors,

 

Grow your money passively or diversify your investments!

 

BESPOKE CATERER LOOKING TO RELOCATE

You could be a corporate entity looking to expand your business portfolio; or an individual investor on the lookout for potential business opportunities! Either way, let your money work for you and simply enjoy receiving dividends through passive investment.

 

My client is a bespoke caterer currently operating at a cloud kitchen facility. They will be bringing a list of their existing kitchen equipment to the new premises and aim to scale up their business by procuring their own central kitchen-cum-office. They have been around since 2016 and are currently profitable.

 

The company has already secured 2 retainer contracts for 2021.

The investment amount is SGD$65,000 and will be used as CAPEX to setup the place and hire additional staff.

 

You as an investor will be given equity in the company as a shareholder as well as a seat on the Board. And you also don’t have to be involved in the day-to-day operations.

 

The total amount asking for is $195,000 with a total of 3 shareholders each holding 25% equity of the company. The owner will hold the balance 25%.

 

The current business model mainly focuses on B2B meal box orders, as well as mini drop-off buffets for corporate/personal orders. As they scale up, they will also be expanding into curating bespoke platters, easy-to-eat meals-in-a-bag, and modern gift boxes/care packages as well.

 

Catering companies have less manpower constraints as orders are always made in advance. There also won’t be any dine-ins so it does away with the need for service staff as the company will strictly operate on a self-pickup/delivery basis.

The company name, and detailed breakdown of the monthly/annual numbers will be presented only upon a meet-up with my client (the owner of the business) as they are keen on getting to know the potential/interested investors to see if it will be a good business fit.

 

However, for primary assessment, please feel free to get in touch with me via Whatsapp (Roger – 93795564) for the preliminary financial documents for reference.

Whatsapp shortcut:
(wa.link/07wrmq)

 

-       Past 3-year P&L

-       3-year projected P&L

-       Capital expenditure breakdown

 

Interested parties please feel free to get in touch with me to arrange for a meeting with the owner to find out more about the business model and future plans.


Thank you.


Business Operation

Kitchen equipment, IT equipment
Facilities
Business model is franchiseable, and suitable to be brought overseas with ease.
Expansion Potential

Property Information

Rent
Premise Status
4+4
Lease Term
Business will be located within an affordable shophouse premise.
Premises Details
Yes, it can relocate to other place
Relocatable
Email Owner
Your Name*
Mobile Number*
Email*
Message

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