Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Profitable Online Food Delivery Business Acquisition For Sale

Singapore
Asking Price:
$1M - $5M (SGD)
Sales Revenue:
$1M - $5M (SGD)
Cash Flow:
$50K - $100K (SGD)

Well-established healthy food delivery business in Singapore looking to be acquired to grow to the next level.

The business has been operating for the past 5 years, is halal-certified and have a strong branding with both corporates and consumers. This is well evidenced by an active social media following of nearly 40,000 followers (Facebook and Instagram combined) as well as consistent sales from more than 5000 individuals, government agencies and corporate entities. The appeal for healthful, fitness, vegan and halal food is steadily growing within the region.

The business has been self-funded since day one as the owners believe there will be a day that the business should be put up for acquisition. This time is ideal when the company's products have gained considerable recognition, its operation is able to run smoothly without intervention, customers are able to enjoy prompt support and an inclusive culture has taken root.

Branding
Our brand image is positive, inclusive and forwarding; often synonymous with wholesome living, good flavours and inclusion. It has a memorable, relatable and masstige but affordable branding of healthy food that speaks to the man on the street. In recent years, customers have associated our brand to the words - tasty, healthy, enjoyable, delicious and happy.

Market Reach
We are not limited by geographical boundaries unlike traditional brick-and-mortar F&B outlets where their regular clientele is a 2km radius around the outlet. We have the ability to create ghost kitchens to service high customer concentration areas with a low set-up cost within a small physical footprint.

This business also has an omnichannel business model to reach out directly to customers via our own website, but also with established food partners. We enjoy a proven track record in terms of consistent food quality, food safety and reliability with major food partners such as Dishdash, Caterspot, Foodpanda, Deliveroo and Grabfood to extend the scope of food delivery. We have done cross-collaborations with other non-conflicting consumer brands such as Zalora to further expand our market reach.

The three main demographics of our customers (unofficial ambassadors) are females (age 19-45), millennials (age 22-27) and the affluent corporate community (Apple, KFC, Estee Lauder, Microsoft among the many) who are continually seeking to introduce their lifestyle choices into their social and work environment. These three demographics of customers also coincide with the trend of our new economy - decision makers who have proved to own the most spending power on online purchases. With our unique balance of product flavours, menu variety and affordable price-point, we have been likened to be the Charles and Keith of delivery food - a sweet, middle-spot to capture a substantial market in developing and developed regions.

The founders have consulted with industry professionals at Alibaba university and was assessed to have at least a 1B RMB (revenue potential) in first and second-tier Chinese cities given its unique branding and quality food offerings in China alone. The all-inclusive brand image, mass-appeal of its products and halal-certification will also see great potential in South-East Asia, United Arab Emirates, Eastern Europe and affluent centres along the region of the Belt and Road Initiative.

Outlets and Franchising
We have an online shopfront and ghost kitchens production facilities. There is a potential for opening up franchising opportunities for experience outlets for customers to enjoy a dine-in experience in the form of a family restaurant, bistro, kiosk, or take away concept.

Operations & Customer Service
The business is self-running with a good management team as well as operations and customer service team. All recipes and processes are controlled and managed from the head office. Hence, the manpower required to run the day-to-day operation is optimised so as to open up employment opportunities to workers with little or no work experience at a competitive salary and a larger pool of applicants. The type of equipment used in operations are not unique or tailored to suit our company; hence they are easily replaceable at a lower cost.

Bookkeeping
The business practices proper bookkeeping and has adopted cloud software to manage administrative, accounting and HR processes to keep administrative operations lean and efficient.

Up for Acquisition
The founders are looking for a new owner who is able to bring the brand to the next level and with the resources to take on the behemoth market overseas. The founders firmly believe that in order for the brand to grow, the willingness to allow the brand to seek greater expertise and funding with a new owner is necessary.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

The founders are looking for a new owner who is able to bring the brand to the next level and with the resources to take on the behemoth market overseas. The founders firmly believe that in order for the brand to grow, the willingness to allow the brand to seek greater expertise and funding with a new owner is necessary.

Employees:
10
Years established:
5

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here