Pacific Coffee Company, Jollibean Foods and Palms Food International secure Changi F&B kiosk concessions – 16/09/08

SINGAPORE. Pacific Coffee Company, Jollibean Foods and Palms Food International have each secured an Asian-style food & beverage kiosk concession at Singapore Changi Airport T1, Check-In Hall East.

The three companies beat stiff competition from a total of seven bidders for the concessions. The contracts run from 1 December until 10 September 2010.

Pacific Coffee Company offered either 25% of monthly gross sales OR a minimum monthly guarantee of S$6,000, whichever is higher.

Jollibean Foods offered 21% of total monthly gross sales for sales up to S$50,000 per month; 23% of total monthly gross sales for sales above S$50,000 and up to S$80,000 per month; 25% of total monthly gross sales for sales above S$80,000 per month; OR a minimum monthly guarantee of S$6,500, whichever is higher.

Palms Food International offered either 15% of the total monthly gross sales OR a minimum monthly guarantee of S$8,000, whichever is higher.

The other bidders were Wang Jiao Group, Spinelli, EC Healthy Snacks and Polar Puffs & Cakes.

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