Businesses For Sale in SingaporeSingapore

Listing ID: 272
Total Viewed: 15475
Last Refreshed: 03/01/2019

24 Years Ship Repair and Marine Engineering Services Company


Asking Price : SGD4,500,000

Revenue: SGD170,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 1989

Gross Profit: SGD100,000

Inventory: SGD1,870,000

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 37

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason To Sell
Owners retiring
Business Description
The company established since year 1989, with 24 years of experience in this line of business, to serve marine and industrial companies in the repairs and servicing of high and medium speed diesel engines, auxiliary machineries and miscellaneous mechanical equipment.  
The clientele ranges from government bodies to private regional shipping companies. 
Company is achieve with following certifications
  • ISO 9001:2008 
  • BizSafe Level 3 
  • Licensed by Port of Singapore Authority to carry out repairs including working at wharfs and terminals as mechanical contractors.
  • Registered with the BCA under the registration head ME11 - Grade 2
  • Circle of Excellence Award for Offshore and Marine Industry 2012/2013
The Company has a new factory with 60 year lease beginning from Oct 2000. It is equipped with a 10 tonne overhead travelling crane. Facilities include equipment for testing of diesel engines after rebuilding. Other equipment includes lathe, drilling, portable diesel welding equipment. Transport vehicles include 3 Lorries, a 3 tonnes forklift and one van.
Business Operations
Business Hour:
Preferred Skills:
Marine/ mechanical engineering
Supporting and Training:
12 months
24 Local, 13 Foreigners
Property Information
Premise Status:
Premise Size:
Rental Fee:

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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