This is a well-established bread wholesale business which has now been operating for 8 years. The current owners of 1 year need to sell due to one of the shareholders' personal reasons.
Customers include 32 cafes, 36 supermarkets, and 3 Sunday flea markets. The average turnover is around $38,000 - $40,000 per month. The average gross profit is around 80%.
There are five well-trained staff who look after the daily tasks along with a full-time driver responsible for the bread delivery. It is an owner/operated business. An experienced buyer is preferable but not essential. Furthermore, the vendor will provide two weeks of assistance.
A well-equipped kitchen with good chattels and a 3 phase electricity supply is ready for operating more equipment in the future.
Also, the transferable license of MPI is ready. Since the application of this license is quite complicated & time consuming, the new buyer will be saving time as they won't need to apply for a new one.
Please feel free to contact Paul 021 877 035 or Raymond 021 037 4290 for further details.
Or simply add Raymond on WeChat: JiuChoi. They will be able to provide you with more information after the confidentiality agreement has been signed.
Price $199,000 + estimated stock value $2,000 to $3,000