Singapore  Singapore

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Listing Id: 14981 Total Views: 16610

(Sold) Profitable Tidbits Distribution Biz For Sale ! Call 90670575 $$$

Woodlands

Date Closed: 15/07/2021

Asking Price: S$1M - 5M

Overview

  • Premise Type
  • Premise Size
  • Monthly Rental
  • Rental Desposit
  • Revenue
  • Liability
  • Gross Profit
  • Net Profit
  • Stock
  • FFE
  • Payable
  • Receivable N/A
  • Owner Role
  • Staff
  • Established
  • Source

Reason For Sale

Retiring

Description

Established for more than 10 years, the Company is a leading distributor / supplier / wholesaler specialising in the product packaging, distribution, import and export of over hundreds of confectionary/ snacks/ tidbits brands.

The Company is a major distributor to hundreds of minimarts and supermarkets in Singapore with an estimated annual revenue of $8 mil. The Company has a packaging licence too (so a lot of its items are OEM).

Estimated annual net profit $250k plus annual director's salary $120k

Staff strength : 25

Vehicles : 12 (5 lorries and 7 vans)

Seller is retiring.

Asking price $1 mil (Goodwill $$$) plus stock (estimated value of $400k) plus receivables (est. $1 mil plus)

Interested clients pls call Vincent @ 90670575 for discussion now. Thanks !

Seller's financing is not available (Attn : Buyers with insufficient funds).

Disclaimer : All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data. The information in the advertisement is for your references only, and may have changed since we last updated.


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