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More than 25 Years Local SME Food Processing Business with Annual Sale turnover of $20mil for Acqusition. Monthly Sales average $1.7mil to $1.8mil Whatapp | wechat | pm George Lau 91177715 Whole Biz/Company takeover comprised as followed: 1. AVA and NEA approved 2 Food Factories and Offices in the East under future JTC Food Factory rental. Note that owner had coughed out $200K to upgrade and replace all Food processing Equipments and Machinery for the past 1 year 2. 33 Plus Staffs incls Admin and Account dept 3. 8 Refrigation Trucks mean for Frozen goods delivery islandwide are fully paid of 4. Established Anchored Clients from Reputable Coffeeshop chains, Economic Rice Stall Chains, Zi Char Resaurant and Supermarket with secured exclusive Bulk orders every month will remain intact. 5. Supreme Profitability Ratio to be disclosed. Asking price $6,000,000 nego 6. Owner retire due to health concern and children not keen to takeover 7. Note that this company does not have any bad records in relevant authorities namely AVA and NEA, no existing hire purchase agreements, no bad debts and no biz loan, trade factoring or collateral with any financial companies or banks 8. To be fair to Owner as they are going to come clean and disclosed FULL set of Detailed AUDITED Accounts for last 3 Years, Note that Prospective Buyer has to sign Non Disclosure agreement to protect both parties. 9. Owner is a higly Ethical entrepreneur and is confident that the right buyer will surface and he/she is gearing up for Due Diligence Process. One top of that, he will commit to stay on for 2 months as consultant and oversee a Successful Transition Period without destruction to a established business with growing concern. NDA form is ready and also with me prior to meeting the owner for further discussion. Whatapp | wechat | pm George Lau 91177715


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