Listing Id: 2618
Total Views: 6670
(Sold) Small Premium Catering Business For Sale/Take Over
Woodlands
Date Closed: 15/10/2016
Asking Price: S$200K - 500K
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$200K - 500K
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Liability
N/A
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Gross Profit
S$200K - 500K
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Net Profit
S$50K - 100K
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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
N/A
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Established
1988
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Source
Direct Seller
Reason For Sale
Owner Retirement
Description
Small homegrown catering business, estab. since almost 30 years ago. Owners wish to sell due to retirement.
Past 5 years average annual sales revenue of $450k.
5 year average gross profit margin is 49.5%, and 5 year average net profit margin is 10%.
The business has also won 2 local culinary awards and 1 regional culinary award within the last 5 years.
Asking price is $350,000 (negotiable).
Sale price includes Central Kitchen assets, equipment, recipe lists and delivery vehicle.
Owners are willing to stay on for up to one year after sale to provide staff training and oversight during transition period.
Operational on site visit and food tasting sessions can be arranged.
United States