Listing Id: 26869
Last Refreshed: 27/01/2023
Total Views: 573
(Expired)Project Funding - 12% Per Annum Returns
Boon LayFood and Beverage Distributors
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Factory
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Premise Size
N/A
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Direct Seller
Reason For Sale
Sourcing for Takeover Funding
Description
1. Project funding to takeover established eggs distribution business of 42years with strong customers and suppliers network. The Takeover party objective is to scale up the business to $4-5m with existing owner as shareholder partner.
Year 2021 revenue: $1.41m
Year 2022 revenue: $1.80m (Projected)
2. The project funding is sourcing for operational funding, minimum $5,000 per contract. Contract period 3years. The Takeover company will offer 1% monthly payment on funding amount; 12% per annum, in profit or loss position. Principal funding amount will be accounted in the takeover company accounts and repayment after contract period ends.
3. This is a project funding for new takeover company, business proposal and financials projections are available. The contract will be officiated by our lawyer to ensure authenticity, fees borne by the takeover company.
United States