Businesses For Sale in SingaporeSingapore

Listing ID: 2101
Total Viewed: 15387
Last Refreshed: 03/01/2019

Established Tower Crane Operator (Supplier) Company For Sale

Central Area

Asking Price : SGD100,000

Revenue: SGD50K - 100K

Cash Flow: Not Disclosed

Payable: SGD52,000***

Established: 2013

Gross Profit: SGD20K - 50K

Inventory: Not Disclosed

Receivable: SGD78,000

Owner Role: Full Time

Net Profit: SGD20K - 50K

Liability: SGD0***

FFE: SGD0***

Staff: Not Disclosed

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

***NOT included in asking price

Reason To Sell
Might need to travel overseas for extended period of time and change of industry
Business 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 Operations
Supporting and Training:
Yes, support and training will be provided
Not Disclosed
Property Information
Premise Status:
Work At Home
Rental Fee:
Yes, it can relocate to other place
Home Base:
Yes, it can work at home
Other Information
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.

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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