Listing Id: 31252
Total Views: 2021
(Sold) Indulge In Growth: Fast-Growing Online Custom Cake Market Leader Seeking New Owner!
Central Area
Date Closed: 20/06/2024
Asking Price: S$400,000(Neg.)
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
S$500K-1M
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Liability
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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
Broker
Reason For Sale
Owner focusing on other priorities
Description
We stand as the vanguard of Singapore's online custom cake market, comprising TWO distinct yet complementary brands in synergy.
Started in 2016, our first brand kicked off our journey into the online cake market. We rebranded in 2020, shifting our main focus to specialising in children's celebration cakes and baby full-month boxes.
Our second brand started in 2019, specialising in intricate luxury brand-inspired cakes, targeting a mature and sophisticated audience market with a prominent presence in corporate customisation. We expanded our product offerings to include wedding cakes and wedding favours in 2023.
Why Us? Our competitive advantage:
1) Market Leadership
2) Diverse Portfolio
3) Social Media Savvy
4) Exceptional Quality
5) E-commerce Excellence
Social Media Standing: over 30,000 followers for BOTH brands, respectively
Google Ratings: 4.4 stars and 4.6 stars for BOTH brands, respectively
Some of our corporate client deals include: H&M, MBS, CNBC, HP, Clarins, SPH, Microsoft, SAFRA, Ishop Changi, Unilever, Aetos, Qoo10, Hilton, St John Singapore, Lexus, Aviva, Sephora and many more!
Reasons to acquire us:
1) Lucrative Market Position
2) Diverse Revenue Streams
3) Proven Track Record
4) Scalability and Potential
China