Singapore  Singapore

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Listing ID: 1720 Last Refreshed: 07/05/2019 27234 Views

Cake Decorating Distributor, Retail & Online Store And Teaching Centre

Asking Price <span class='currency'>S$</span>300,000
Central Area Bakeries Food and Beverage Distributors Businesses
Business For Takeover
1 / 5

Overview

Financial Performance

Annual Figures
Revenue
S$200K - 500K
Gross Profit
Not Provided
Net Profit
S$5K - 10K
Monthly Rentalt
S$10,000

Assets & Working Capital

Stock
S$150,000 Stock and inventory Price Included
FFE
S$220,000 Furniture, fixture & equipment Price Included

Operations & Ownership

Staff
3 Employee
Year of Incorporation
2003
Owner Role
Full Time

Property Information

Premise Status
Rent
Rental Deposit
S$10,000
Premises Details User-entered information
Located within walking distance from 2 MRT Stations

Operations & Growth

Information provided by the seller

Reason For Sale

Owner Leaving Country

Description

Looking to sell a well established Baking and Cake Decorating Distributor, Retail and Online Store, and Teaching Centre in Singapore. The Retail Store is Singapore’s largest retail outlet in cake decorating tools and equipment; and the Teaching Centre is the authorised training centre for 2 of the world’s top renowned cake decorating courses and diploma courses.


HIGHLIGHTS

  • Distributor for Wilton Products, PME, JEM, CK Products, Jamaree, Silikomart

  • Upscale / loyal customer and student base

  • 2 Floors of Retail of baking and cake decorating tools, bakeware, edible decorations, cutters, etc. Retail Store is beautifully fitted and decorated with soft lighting, well equipped with gondolas and shelvings, custom design and fully equipped Point of Sale counter

  • Fully equipped storeroom and office area

  • Baking and cake decorating Teaching Centre within the premises is fully equipped with ovens, chillers, mixers, steel work tables, fully equipped washing up area

  • 2 large classrooms on 1 floor, with a soundproof door in between, that can be opened to make 1 very large classroom.

  • Teaching Centre is the Authorised Training Centre, Certified by 2 top world-renown Schools to conduct their cake decorating and sugarcraft courses and diploma modules in Singapore.

  • Retail store and classrooms equipped with web camera viewing

  • Excellent website and on-going high online sale via ecommerce.

  • Experienced, dedicated and credentialed staff and instructors

  • Excellent, very accessible location

  • Excellent brand recognition in Singapore

  • Expandable business model

  • Currently run absentee, owner is frequently out of town . Good turn-around opportunity for an active, hands-on owner-operator


Facilities

Fully stocked retail store, high traffic online store and fully equiped classrooms. Authorised training centre for top US and UK cake decorating courses.

Competition

Largest cake decorating retail outlet and training center in Singapore, Large social media audience

Expansion Potential

As distributor, there's a strong potential to find more retailers in Singapore

Buyer Support & Terms

Information provided by the seller

Support and Training

Staff are fully independent and are able to manage daily operations of business.
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