Established for 10 years with peak revenue at $1.6m in 2020, $1.5m in 2021 and about $$500k in 2024. >10,000 client database. Business was reduced in recent years because of loss of online distribution rights for a branded product. Low burn rate with only 2 staff needed to manage the business. Can be improved with new product lines. Owner is retiring. Beautifully renovated. Selling only for inventory cost of goods + deposits.
Business Operation
Well renovated warehouse for chill and room temperature storage. Beautifully renovated office and bar area
Facilities
Online ecommerce presence in Shopee, Lazada, RedMart, NTUC, etc
Competition
With a good product line, can utilise its well established channels and client base to grow.