Listing Id: 31355
Total Views: 728
(Sold) Confinement Food Company For Sale
Geylang
Date Closed: 31/03/2024
Asking Price: S$50K - 100K
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
700 sqft / 65 sqm
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Monthly Rental
S$3,300
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Rental Desposit
S$6,600
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$10K - 20K
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Net Profit
S$5K - 10K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
5
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Established
2021
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Source
Direct Seller
Reason For Sale
Looking for funds
Description
Business has been running for 4 years, and has been top 10 in Singapore for the past 4 years. Reputable company and business with a 5 star rating on google review.
Confinement food is a necessity and this year especially is a profitable business for someone who has the capacity to take over and bring the business to the next level. Team and business is up and running and automated so just need funds to continue on the business and to bring it further.
Business Operation
Kitchen Unit Rental, 2 rental Vans.
Facilities
Tian Wei Confinement Food,
Chilli Padi Confinement Food,
Yue Zi Le Confinement,
Thomson Food,
Competition
Growing the b2c customers and supplying to confinement centres in Singapore (b2b)
Expansion Potential
Will support and train to ensure a smooth handover.
Support and Training
F&B, Maternity and parenting industry
Background & Skills
Property Information
three year lease ends in December 2025
Lease Term
Located at Gemini@Sims
Premises Details
Singapore