生意详情
This opportunity is for the takeover of a 30 year old halal food manufacturing company. The Company generates the bulk of its sales from B2B (with clients from bustling tourist attractions to corporate offices, MRT stations, residential areas, hospitals and neighborhood coffeeshops) and the remaining sale directly to consumer via shopee and website.
In recent year, the company has moved into event food kiosk, and has grown to about $20k per month without any SEO or advertisement. The company works with Big MNCs, government organisation, army camps and schools for its food kiosk offering. This segment of the business can be grown much further with more advertisement and if increased operational capacity is added to take on more deals each day.
The company assets includes 100+ machineries, including steamers leased to businesses, to food kiosk required equipment and kitchen equipment. The company has a owned chiller truck and leases another van. Other significant assets includes rental deposit of nearly $20k and receivables of about $35k, and other intangible assets including food manufacturing and MUIS licenses. The company few liabilities are mainly that of owing to routine suppliers (approx 1-2 mth) and bank loan of about $70k remaining for chiller truck purchased in 2022.
The company has about 10 staff, and is able to self-run, with the owners mainly operating from home to handle new sales, business development, governmental filing, new significant purchases, HR and supplier payments.
Latest month financials estimates:
Sales - 45k (from food manufacturing) and 20k (from events)
Cost - 14k (salary, levy and CPF excl owners), 6k (rent), 4k (vehicle related rental and fuel), 16k (food and event related ingredients), 2k (utilities and others)
This is an opportunity if a person is looking to enter F&B with an established brand name with existing halal certification and premise, along with existing customer base and is looking to grow the business.