Singapore's No. 1 AI-powered business marketplace

Post Ad
NEW New AI tools: Listing analysis reports are now available on each ad. | Advertisers can use AI to write better titles and descriptions.
Learn more → ✕
Listing Id: 2101 Last Refreshed: 07/05/2019 18144 Views

Established Tower Crane Operator (Supplier) Company For Sale

Expired
Asking Price <span class='currency'>S$</span>100,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Quarterly Figures
Revenue
S$50K - 100K
Gross Profit
S$20K - 50K
Net Profit
S$20K - 50K
Monthly Rentalt
S$0

Business Operations & Assets

Receivable
S$78,000 Price Included
Payable
S$52,000
Year of Incorporation
2013
Owner Role
Full Time

Business Details

Reason For Sale

Might need to travel overseas for extended period of time and change of industry

Description

Established and Reliable tower crane operator company for sale. 


- Good credit score among major bank

- Business loan eligible

- Zero/No existing loans to service

- Positive cash flow

- Reliable and experience pool of tower crane operators (Singaporeans / PRs)

- Valuable extended database of Construction companies in Singapore

- Gain confidence and authority among potential clients with strong portfolio of past/previous jobs/sites

- Beautifully doned-up website with domain name


Additional Perks

- Turn-key solution: with a pool of reliable and professional tower crane operators (unlike those 1-2 man self-operators)

- Turn-key solution: valuable extended database of Construction companies in Singapore

- Brand new tower crane operator contract for 2 operators - Instant revenue and mitigate risks



New owner(s) would be able to use our extensive (in-dept details) database of construction companies in Singapore to source for new clients with a pool of reliable and experience tower crane operators (Singaporeans / PRs). A good standing and credit score. Eligible for business loan. Positive cash flow and zero business debt.

Past performance, revenue, etc are all indicative only. Taking over this company will open doors, short-cuts and speed things up. However, like any other business, hard work and dedication is required. 

Serious buyers only. The value is for the convenience, the extensive in-dept database that of companies, invaluable datapool of reliable tower crane operators (Singaporean / PRs), good standing with banks, min 2 years required to have business loan, branding, positive cash flow, new contract to kick-start and more. 


Taking over finances - Indicative as of 11th Nov 2015


Business receivables (Sep - Dec): ~ $78k

Business payables (Sep - Dec): ~ $52k

New contract worth (paper value*): ~ $90k


Asking price includes the the receivables, taking on the payables, the new contract for ~ 1 year, valuable databases and contacts.


*Paper value is based on contract. Does not include overtime and other factors that will usually result in much higher value as compared to paper value

Competition

One of the very few major players. The others are all freelancers that are a one-man band.

Expansion Potential

Definitely, huge potential. Like all other business, hard work and effort is needed. However new owners get short-cuts and a faster route to expand with one new contract already in place.

Buyer Support & Terms

Support and Training

Yes, support and training will be provided
Important Disclaimer

Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.

All communications, agreements, transactions, disputes and claims are solely between the relevant parties.

Learn how to avoid scams

Just a moment... we are processing the request