Businesses For Sale in SingaporeSingapore

Listing ID: 3387
Total Viewed: 6859
Last Refreshed: 03/01/2019

Auto Repair Shop - Looking For Partner $200K

Jurong West

Asking Price : SGD200,000

Revenue: SGD500K-1M

Cash Flow: SGD20K - 50K

Payable: Not Disclosed

Established: 2013

Gross Profit: SGD200K - 500K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD100K - 200K

Liability: Not Disclosed

FFE: SGD100,000

Staff: 7

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

Reason To Sell
Looking for investor / Partner
Business Description

Looking for a silent or active partner to take over another partner's share for business continuation.

Currently, full buy-out value is at $500,000 which has been offered by a few companies. But owner wants to continue this business as it is profitable. Willing to offer $200,000 for 48% of the company.

Business has been ongoing for the last 2.5 years and workshop specialises in continental car repairs.

Business has been good but current shareholder/partner wants to sell off the company or share buy-out.

This is a good opportunity not to be missed. Pls call Gavin at 98636543 or 96111111 for more information. Thank you.

Business Operations
Business Hour:
9am to 9pm
3 Local, 3 Foreigners, 1 Part Time
Property Information
Premise Status:
Other Information
It comes with full facilities to do major repair and links to many specialised assist workshops
Not many competition as not many are doing continental cars repairs. Insurance car agents are our biggest prospects as we are able to do repairs cheaper then average. Manager is well trained.
Expansion Potential:
Possibilities of opening 3 more workshops to service more clients in various districts, including Malaysia

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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