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Business Proposal for Shared Food Factory Acquisition
Objective
The goal is to acquire a food factory in Singapore with max 5 partners to jointly own and manage the facility, dividing the space for individual or collaborative use. This shared setup will allow each partner to run their own operations efficiently, reducing costs and sharing resources while maintaining autonomy.
Key Points
Factory Acquisition
Location: Singapore (explore industrial areas with favourable leasing/purchase rates for food production).
Facility Size: Suitable for multiple small-scale food production units, with the option to scale.
Purchase Price: Negotiable, based on property size, location, and condition.
Ownership Structure
Equal or proportional ownership among 5 partners.
Partners may invest according to their requirements, with ownership reflecting their investment percentage.
A legal framework to ensure smooth management, conflict resolution, and profit sharing.
Space Allocation
The factory will be divided into units/sections based on the partner's needs (for example, kitchen, storage, packaging, etc.).
Areas can be assigned based on production scale, equipment needs, and operational hours.
Shared spaces (e.g., loading docks, cold storage, break rooms) can be used cooperatively with scheduled rotations.
Shared Resources
Common resources such as utilities, sanitation services, and maintenance will be shared and charged proportionally.
Some key equipment (e.g., commercial ovens, refrigerators) can be shared to reduce individual investment.
Security and compliance costs (e.g., HACCP, licensing, etc.) will be divided among the partners.
Revenue Model
Partners can focus on different sectors such as food manufacturing, catering, delivery services, or cloud kitchens.
Potential revenue sources can include:
Rent from subletting any unutilized space.
Collaborative food production or co-branded products for distribution.
Joint investment in higher-end machinery to expand capabilities.
Legal and Compliance
A clear partnership agreement will be drafted, covering responsibilities, space allocation, profit/loss distribution, exit clauses, and operational agreements.
Compliance with Singapore’s food safety regulations (SFA licenses, hygiene standards) will be ensured for all partners.
Each partner must independently secure any additional licenses needed for their specific business.
Operational Plan
Partners may choose to work independently or collaborate on projects.
A rotational system can be set up for the use of shared machinery and resources to avoid conflicts.
The factory will have common operational hours, but flexible timing can be arranged as per individual needs.
Risk Sharing
Financial risks and liabilities will be shared according to investment percentage.
Each partner will bear operational risks for their own section but contribute to joint factory maintenance.
Insurance policies covering equipment, space, and liability should be in place.
Exit Strategy
If a partner wishes to exit, a buy-out clause will be included in the agreement. The remaining partners can buy out the exiting partner’s share or invite a new partner.
Memory updated
Here’s a potential business proposal outline for buying and sharing a food factory in Singapore among partners:
Business Proposal for Shared Food Factory Acquisition
Objective
The goal is to acquire a food factory in Singapore with 5 partners to jointly own and manage the facility, dividing the space for individual or collaborative use. This shared setup will allow each partner to run their own operations efficiently, reducing costs and sharing resources while maintaining autonomy.
Key Points
Factory Acquisition
Location: Singapore (explore industrial areas with favourable leasing/purchase rates for food production).
Facility Size: Suitable for multiple small-scale food production units, with the option to scale.
Purchase Price: Negotiable, based on property size, location, and condition.
Ownership Structure
Equal or proportional ownership among 5 partners.
Partners may invest according to their requirements, with ownership reflecting their investment percentage.
A legal framework to ensure smooth management, conflict resolution, and profit sharing.
Space Allocation
The factory will be divided into units/sections based on the partner's needs (for example, kitchen, storage, packaging, etc.).
Areas can be assigned based on production scale, equipment needs, and operational hours.
Shared spaces (e.g., loading docks, cold storage, break rooms) can be used cooperatively with scheduled rotations.
Shared Resources
Common resources such as utilities, sanitation services, and maintenance will be shared and charged proportionally.
Some key equipment (e.g., commercial ovens, refrigerators) can be shared to reduce individual investment.
Security and compliance costs (e.g., HACCP, licensing, etc.) will be divided among the partners.
Revenue Model
Partners can focus on different sectors such as food manufacturing, catering, delivery services, or cloud kitchens.
Potential revenue sources can include:
Rent from subletting any unutilized space.
Collaborative food production or co-branded products for distribution.
Joint investment in higher-end machinery to expand capabilities.
Legal and Compliance
A clear partnership agreement will be drafted, covering responsibilities, space allocation, profit/loss distribution, exit clauses, and operational agreements.
Compliance with Singapore’s food safety regulations (SFA licenses, hygiene standards) will be ensured for all partners.
Each partner must independently secure any additional licenses needed for their specific business.
Operational Plan
Partners may choose to work independently or collaborate on projects.
A rotational system can be set up for the use of shared machinery and resources to avoid conflicts.
The factory will have common operational hours, but flexible timing can be arranged as per individual needs.
Risk Sharing
Financial risks and liabilities will be shared according to investment percentage.
Each partner will bear operational risks for their own section but contribute to joint factory maintenance.
Insurance policies covering equipment, space, and liability should be in place.
Exit Strategy
If a partner wishes to exit, a buy-out clause will be included in the agreement. The remaining partners can buy out the exiting partner’s share or invite a new partner.
Benefits for Partners
Cost Efficiency: Shared costs in purchasing and operating a factory, reducing individual overhead.
Autonomy: Partners maintain independence in their operations while benefiting from collective ownership.
Collaboration Potential: Opportunity for joint ventures, collaboration in marketing, and pooling resources.
Growth Flexibility: Ability to scale and adapt operations as needed.
To proceed with more specific discussions or further details on shared food factory proposal, feel free to provide the preferred contact method or any additional information you'd like to share. You can also outline any particular questions or points you'd like to address, contact me further more details.