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Listing Id: 15317 Total Views: 4938

(Sold) Seafood Products Processing Factory Biz For Sale

Woodlands

Date Closed: 19/09/2020

Asking Price: S$1M - 5M

Overview

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

Reason For Sale

Seller Wants To Retired

Description

Seafood Products Processing Factory biz for sale.

💽 Established in 1987

👉🏼 more than 30 years ago

💽 Factory:

👉🏼 monthly rental $ 28K

👉🏼 GST registered

👉🏼 15,000sq.ft.

👉🏼 balance lease about 4.5 years

💽 Yearly estimated gross revenue

👉🏼 $ 4M

💽 Yearly estimated gross expenses

👉🏼 $ 800K

💽 Yearly estimated nett profit

👉🏼 2018 = approx $230K

👉🏼 2016/2017 = approx $200K

💽 Directors :

👉🏼 No director fee

👉🏼 3

👉🏼 Only 2 active directors

💽 Directors’ involvement in the biz

👉🏼 oversee the business in general

💽 Staff :

👉🏼 local - 6

👉🏼 foreigner - 5

💽 Operating hour

👉🏼 10am -7pm

💽 Reason for selling
👉🏼 boss is 70+ years old, looking to retire

💽 Valuation of biz = $6.5M
💽 Selling price - $4.6M negotiable
Thank you n blessed day
Peter Wan
Dream Centre

Property Information

Rent
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