Listing Id: 15317
Total Views: 6215
(Sold) Seafood Products Processing Factory Biz For Sale
Woodlands
Date Closed: 19/09/2020
Asking Price: S$1M - 5M
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
N/A
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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
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Seller Wants To Retired
Description
Seafood Products Processing Factory biz for sale.
๐ฝ Established in 1987
๐๐ผ more than 30 years ago
๐ฝ Factory:
๐๐ผ monthly rental $ 28K
๐๐ผ GST registered
๐๐ผ 15,000sq.ft.
๐๐ผ balance lease about 4.5 years
๐ฝ Yearly estimated gross revenue
๐๐ผ $ 4M
๐ฝ Yearly estimated gross expenses
๐๐ผ $ 800K
๐ฝ Yearly estimated nett profit
๐๐ผ 2018 = approx $230K
๐๐ผ 2016/2017 = approx $200K
๐ฝ Directors :
๐๐ผ No director fee
๐๐ผ 3
๐๐ผ Only 2 active directors
๐ฝ Directorsโ involvement in the biz
๐๐ผ oversee the business in general
๐ฝ Staff :
๐๐ผ local - 6
๐๐ผ foreigner - 5
๐ฝ Operating hour
๐๐ผ 10am -7pm
๐ฝ Reason for selling
๐๐ผ boss is 70+ years old, looking to retire
๐ฝ Valuation of biz = $6.5M
๐ฝ Selling price - $4.6M negotiable
Thank you n blessed day
Peter Wan
Dream Centre
Singapore