Asking Price: (Negotiable) - Business Only: S$1.7 million (includes goodwill, inventory, brand IP, and outlet operations) - Freehold Property: S$1.8 million (latest valuation) - Bundled Sale (Biz + Property): S$3.5 million (Seller can settle mortgage upon sale)
Business Overview: A 25-year-old, reputable honey company with strong local brand equity, this opportunity includes a loyal customer base, lean operations, and multiple untapped revenue streams. The business sells under its own proprietary honey label, sources directly from beekeepers in NZ, US, Australia, and Europe, and operates with positive cash flow.
Revenue Channels: - Retail (2 outlets) – 90% local customers, strong return customer base - Department Store Presence – Concession arrangement with Takashimaya - Bulk Supply – Sells to beer companies and food courts
🔹 Key Strengths 1. Debt-Light: Only mortgage loan of S$100k (previous owner is willing to pay if buyer acquires property too) 2. Strong Brand Trust: Established for over two decades, 3. Freehold property (Property value of $1.8million) 4. Direct Global Sourcing: Longstanding supplier relationships with overseas beekeepers
🔹 Growth Potential 🚀 No E-commerce or Online Marketing – A blank slate for digital expansion 🌏 No Exporting – Open potential to scale internationally 🎁 Hamper Gifting – Previously successful, ready to relaunch 🛡 Singapore Trademark Eligible – Business has met 10-year criteria
Business Operation
- Staff: 10 local promoters (fully CPF-compliant), back-end ops (accounts, payroll) outsourced - Training & Transition: Owner to remain for 6-month handover; key staff will stay on post-acquisition
Support and Training
Property Information
- Freehold property - Storage at level 1, Office (fits 5-6 people) at level 2