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Listing Id: 32944 Last Refreshed: 22/10/2024 Total Views: 529

Popular F&B Chain For Sale

Central AreaFast Food RestaurantsFood Stalls
Asking Price: S$1,300,000(Neg.)
Business For Takeover
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Overview

  • Premise Type Shopping Mall
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$200,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$46,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 13
  • Established 2012
  • Source Broker

Reason For Sale

Owner has other business priorities

Description

Year of Inception: 2012
TTM Revenue (Trailing Twelve Months): $2.45 million
TTM EBIT: $558k
Asking Price: SGD $1.4 million
Reason for selling: Owner has other business priorities
Seller Financing: Yes

Fey Day presents a popular F&B business for sale and it has started since 2012. The business is well-known for it's local Singaporean chinese style set meal and has gathered more than 1,000 reviews (4.8 / 5 on various platforms) They have 2 outlets located in Cental and East part of Singapore.

The affordable pricing provide access to the mass market, while ensuring a healthy operating profit margin (27%) in the F&B sector. Their dishes are considered mainstream choices for lunch and dinner, hence there are a lot of returning customers. They sell through dine in option and take aways via the common channels such as GrabFood, Foodpanda, Quandoo, Burpple)

The business is self-running, and the owner spends about 5 - 10 hours a week handling the adminstrative aspect of the business. This is a scalable business with room to improve the profit margin.

Outlet 1 (Central) - 1600 sqf
Lease expiry : March 2025
Monthly rental - $15,700
Headcount - 6.5

Outlet 2 (East) - 1,340 sqf
Lease expiry : August 2025
Monthly rental - $11,390
Headcount - 6.5

TTM Revenue (Trailing Twelve Months): $2.45 million
TTM Estimated Seller's Discretionary Earnings: $558k

What is involved in this deal?

1.⁠ ⁠The receipe, entire operation team, lease agreement, operational know-how and intellectual property.
2.⁠ ⁠This will be an asset purchase.
3.⁠ ⁠Owner is willing to stay on during the transition phase.

If you like to explore more businesses for sale, please visit www.feyday.com

Business Operation

Outlet 1 (Central) - 1600 sqf
Lease expiry : March 2025
Monthly rental - $15,700
Headcount - 6.5

Outlet 2 (East) - 1,340 sqf
Lease expiry : August 2025
Monthly rental - $11,390
Headcount - 6.5
Facilities
This business has two options for growth.

Option 1 - Open more outlets.
Option 2 - Transform it into franchise business
Expansion Potential

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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