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Profitable Dry and Canned Food Trading Company

S$300,000

Enquiry

Call now for discussions

+65 6356 9138

Description

This 40 years old business is a lucrative, easy-to-take-over business, as the premise, suppliers and customers are solidly in place. Our food products are imported from Hong Kong and we supply well-known brands of Chinese provision and dry goods to strong customers such as ShengShiong, NTUC and Fuzhou Centre, just to name a few. The sale of the business includes the assignment of the premise. We carry inventory of between $200,000 to $300,000, which can be negotiated and added into the sale price if interested. The sale of the business includes the assignment of the premise.

Price

S$300,000

Location

Ang Mo Kio

Revenue

S$2 Million to S$2.3 Million

Net Profit

10-15%

Company Type

Private Limited

GST Registered

Yes

Years In Business

Since 1976

Why Did We Set Up

Food is Important to Everybody

Owners Role

Managing

Owners Background

Businessperson

Our Achievement

Many happy customers

Our Customer

Many many Market stalls owners, Sheng Siong.

Our Competitor

Many

Manager

0

Full-Time

3

Part-Time

1

Premise Size

1,700 sf, rent from HDB

Lease Term

3 + 3 years

Rental

S$3,500

Trading Hours

7am - 6pm

Relocatable

Yes

Reasons For Selling

Retire

Cash For Expansion

S$150,000

Back Up Cash

S$100,000

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes