Listing Id: 2101
                Last Refreshed: 07/05/2019
                
                    Total Views: 18133
                
                
             
                
            
                
                    (Expired)Established Tower Crane Operator (Supplier) Company For Sale
                
                
                    Central AreaConstruction Contractor
                
                Asking Price: S$100,000
                
                    
                        Business For Takeover
                    
                    
                        Look For Investor
                    
                    
                        Look For Partner
                    
                 
             
            
                
                
                    
                        
                    
                    
                        
                        
                            - Overview
 
                            - Reason For Sale
 
                            - Description
 
                                - Business Operation
 
                                - Property Information
 
                        
                     
                    
                        Overview
                        
                            
                                - 
                                    Premise Type
                                    
                                    N/A
                                
 
                                - 
                                    
                                        Premise Size
                                    
                                    
                                    
                                
 
                                - 
                                    
                                        Monthly Rental
                                    
                                    
                                    S$0
                                
 
                                - 
                                    Rental Desposit
                                    
                                    N/A
                                
 
                                - 
                                     Revenue
                                    
                                    S$50K - 100K
                                
 
                                - 
                                    Liability
                                    
                                    S$0
                                
 
                                - 
                                     Gross Profit
                                    
                                    S$20K - 50K
                                
 
                                - 
                                    Net Profit
                                    
                                    S$20K - 50K
                                
 
                                - 
                                    Stock
                                    
                                    N/A
                                
 
                                - 
                                    FFE
                                    
                                    S$0
                                
 
                                - 
                                    Payable
                                    
                                    S$52,000
                                
 
                                - 
                                    Receivable
                                    
                                    S$78,000***
                                
 
                                - 
                                    Owner Role
                                    
                                    Full Time
                                
 
                                - 
                                    Staff
                                    
                                    0
                                
 
                                - 
                                    Established
                                    
                                    2013
                                
 
                                - 
                                    Source
                                    
                                    Direct Seller
                                
 
                                    
                            
                         
                     
                    
                        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
                        
                     
                        
                            Business Operation
                            
                                One of the very few major players. The others are all freelancers that are a one-man band.
Competition
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.
Expansion Potential
Yes, support and training will be provided
Support and Training
 
                             
                         
                        
                            Property Information
                            
                                Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base