Popular F&B Chain For Sale

Year of Inception: 2012
TTM Revenue (Trailing Twelve Months): $2.45 million
TTM EBIT: $660k
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: $660k

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