Famous Nonya Kueh (Snack)

Well known for the best Peranakan snacks in Singapore – Kueh Ambon, ondeh ondeh, ang ku kueh, kueh lapis, 9 layer kueh, etc, etc. The owner will guide, teach and pass down all the award-winning recipes to the successor. A good skillset to own and can be used anywhere in the world for snack business.

The business was started in 1990s. Customers include wholesalers, food centres and a small retail shop. A great opportunity to expand the business operation to many other untapped sales avenues and online sales. Good cash flow business of about $3,000 – $4,000 sales per day

A rare opportunity to own this business. Call now to discuss.

Price

$4M

Location

East of Singapore

Revenue

$1.2M

Net Profit

$240,000

Net Asset Included in the sale

$3M - 2 properties worth $2.5M (a food factory and a HDB shophouse) + $500k new/old machines

Company Type

Private Limited (2 companies)

GST Registered

Yes

Years in Business

30+

Why Did We Set Up

Food business is essential

Owners Role

Managing

Owners Background

Businessman

Our Achievement

Many good reviews by food bloggers and food expert

Our Customer

People who like snacks

Our Competitor

Many

Manager

1

Full Time

7

Part Time

0

Premise Size

2700sf (food factory) + 1500sf (HDB shophouse)

Lease Term

Nil

Rental

0

Trading Hours

8am - 6pm

Training By Owner

Yes

Relocatable

Yes

Reasons For Selling

To retire

Cash For Expansion

Nill

Back Up Cash

Nill

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes

Additional Info

-

Business Enquiry

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