Listing Id: 15317
Total Views: 4985
(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
-
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
Korea