Listing Id: 15317
Total Views: 4964
(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
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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
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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.
💽 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
Iceland