Year of Inception: 1991 Annual Revenue : $12.4 million Seller Discrepancy Earning : $1.4 million Asking Price: SGD $15 million (Includes 3 properties valued @ $2.1 million) Open to full/ majority stake sale
Fey Day presents a regional leader in the industrial consumable sector. This business has been operating since 1991, and have expanded their regional footprint in the following countries: Singapore, Malaysia, Indonesia, China, Philippines and Thailand. They are distributing consumables and equipments to factories across Asia with production factories in China and Philippines. Total Headcount: 99 (Singapore + Regional, exclude China)
The company distributed both international and own brands to 750+ clients. (Including OEM customers in Europe & USA market) Their products are cleanroom supplies, face mask, gloves, cleaning chemicals for electronic parts, adhesives and equipment. They have a sale office in each of these 6 countries that they are operating in. The company have a CEO who is currently running the business, as the business owner has stepped away from day to day operation in the past 2 years. They currently owned an office and warehouse in Singapore, plus a condominium in Philippines. (Estimated market value of $2.1 million)
What makes this a unique business opportunity?
1. Immense Growing Addressable Market - According to Statistia, the output in the Asia manufacturing sector is projected to amount to US$17.9tn in 2024. A compound annual growth rate of 1.28% is expected for CAGR 2024 – 2029.
2. No Concentration Risk - A customer base of 750+, no customer represent more than 10% of the revenue
3. Brand Positioning- Portfolio of international Tier 1 supplier brands and own brand