Listing Id: 15317
Total Views: 8112
(Sold) Seafood Products Processing Factory Biz For Sale
Date Closed: 19/09/2020
Asking Price: S$1M - 5M
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
N/A
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Owner Role
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Staff
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Established
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Source
Reason For Sale
Seller Wants To Retired
Description
Seafood Products Processing Factory biz for sale.
π½ Established in 1987
ππΌ more than 30 years ago
π½ Factory:
ππΌ monthly rental $ 28K
ππΌ GST registered
ππΌ 15,000sq.ft.
ππΌ balance lease about 4.5 years
π½ Yearly estimated gross revenue
ππΌ $ 4M
π½ Yearly estimated gross expenses
ππΌ $ 800K
π½ Yearly estimated nett profit
ππΌ 2018 = approx $230K
ππΌ 2016/2017 = approx $200K
π½ Directors :
ππΌ No director fee
ππΌ 3
ππΌ Only 2 active directors
π½ Directorsβ involvement in the biz
ππΌ oversee the business in general
π½ Staff :
ππΌ local - 6
ππΌ foreigner - 5
π½ Operating hour
ππΌ 10am -7pm
π½ Reason for selling
ππΌ boss is 70+ years old, looking to retire
π½ Valuation of biz = $6.5M
π½ Selling price - $4.6M negotiable
Thank you n blessed day
Peter Wan
Dream Centre
Singapore