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.
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
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