Summary of the business
Established in 2009, the company supplies variety of cut fruits including fruit yogurt, fruit oats to the Singapore’s F&B industry.
Company’s Strengths and Uniqueness:
- The company enjoys higher profit margin than other fruits sellers as they specialised in cut fruits.
- They focus on both B2B and B2C (retail customers)
- Their B2B customers includes ministries, statutory boards and MNC.
Financial highlights
| SGD Thousands | FY2024 | FY2023 | FY2022 | FY2021 |
| Revenue | 3,519 | 2,870 | 1,993 | 1,504 |
| EBITA | 850 | 440 | 237 | 53 |
| Sellers Discretionary Earnings (“SDE”) | 894 | 528 | 318 | 137 |
Asking price
- S$4 million to S$4.5 million without shophouse
- S$6.2 million to S$7.3 million with shophouse
Included in Sales:
All assets and liabilities except 1 HDB shophouse carried at NBV S$1.123 million. Seller will transfer out before the sales of the company. Valuation of shophouse is estimated at S$2.7 million to S$2.8 million if buyer is interested to acquire as a package.