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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Singapore Businesses For Sale Categories   >>   

Extremely Profitable Food & Beverage Business

Location  Singapore
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2000000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2011
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  1 month
Reason for Sale  Running other businesses + too busy to manage + frequent travels out of Singapore
Description  - Company's business comprises of two highly profitable industrial canteens. - Both locations leased from government agencies on perpetual 3 year rolling leases - One is about 3000sqft and the other is about 4500sqft including ORA - Both places cheap rental at only S$3,000++ each - Company business turnover for 2012 exceeds S$1.8 million from the operations of both drinks stall only, and expected to exceed S$2 million in 2013 and beyond. This figure DOES NOT include rental income from stall tenants - Very high gross profit margins for drinks stall. - Additional rental income almost S$200,000 per annum in 2012 - Both outlets classified as GOLD OUTLETS by Coca Cola Beverages Pte Ltd. - Contracts with major liquor supplier Asia Pacific Breweries with high CASH rebates - Has obtained approval for sponsorship from suppliers for future expansion of business - Debt Free and NO liabilities - Daily sales figure S$5,000 ~S$5,500, VERY PROFITABLE (sales receipts provided) - Future MRT station coming up within 500 metres of one canteen - Good reliable Point-of-Sale (POS) system, CCTV installed, inventory system - Easy to manage the business, providing a consistent stream of passive income REASON FOR SELLING: Running other businesses + too busy to manage + frequent travels out of Singapore Asking price of S$2.2 MILLION which includes taking over the entire business with full assets, inventory and accounting system. Price is negotiable but will not go down too much as it is a FULLY PROFITABLE and healthy CASH business with endless flow of customers daily. LAST OFFER OF S$1.6 MILLION IS REJECTED. OFFERS FROM SERIOUS BUYERS ONLY. * Sale INCLUDES all physical assets and fixtures at the canteen premises, takeover of ACRA registered company, company's goodwill, corporate branding, corporate logos, all employees, rolling stocks & inventory and all tenant rent
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