Listing Id: 30759
Total Views: 1102
(Sold) Award Winning Profitable Bakery For Takeover - Rare Opportunity!
Central Area
Date Closed: 28/08/2024
Asking Price: Price On Request
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Neighbourhood
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Premise Size
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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
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Owner is looking for relocate
Description
The company is an award-winning bakery café renowned for its unique bakes that champion an ingredient well-loved
by locals. What started out as a home-based bakery, now constitutes of two arms – a online bakery and a café.
The business is unique as it specializes in creating bakes and desserts based on a star ingredient that is very popular
locally. It is the first of its kind in Singapore; it occupies a niche and has built up a strong following consisting of enthusiasts of the ingredient and dessert aficionados. There is high demand for its products especially during festive seasons such as Chinese New Year and Mid Autumn Festival. The opening of the café has helped to provide stable revenue and generate awareness during the nonpeak periods of the business.
Business has been featured multiple times across mainstream media, and has been highlighted on food publications for its uniqueness and quality of products. Currently, all revenue and traffic are organic with zero marketing/ advertising spend incurred.
This business presents great growth opportunities for potential acquirers who are equipped to scale it to greater
heights.
Growth Opportunities:
1. Increase supply capacity especially during peak period
2. Increase marketing efforts to boost non peak revenue
3. Expand geographically in SG
4. Potential for overseas expansion given the popularity of
the star ingredient within Asia
Contact if interested.