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Established Nonya Kueh In Singapore For Sale

Singapore South/East, Paya Lebar, Singapore
Asking Price:
$2,000,000 (SGD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,500,000 (SGD)
Cash Flow:
On request

Since then, it has been supplying Singapore’s top hotels and the Singapore Tourism Board with local and international specialty desserts, pastries, and wedding cakes. She also has had the privilege of partnering with Singapore’s best pastry chefs on projects like the Raffles Hotel for its overseas Singapore food promotions and with the Ritz Carlton Millennia on its wedding fairs.

Property Information

Real Estate:

Lease

Lease Terms:

12 months lease left. Rental is on first right refusal to our company.

Leasehold Rent:

$192,000 (SGD) per annum

Location:

Food industrial area. Light industrial building.

Premises Details:

Food industrial building is comply with SFA requirements.

Size in square feet:
4500sqft
Planning Consent:

Entire food manufacturing areas are fully comply with SFA, ISO.

Business Operation

Expansion Potential:

There are opportunities for franchising and export of our product to oversea.

Competition / Market:

Entire building do not have repeated business.

Reasons for selling:

Has been in business for 2 generations. Retirement due to old age and health.

Trading hours:

24/7 operations

Employees:
20
Years established:
34 years

Other Information

Support & training:

Transfer of family recipe. Follow up and training to the new owner for 6 months.

Relocatable:
This business can be relocated.