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Listing ID: 751
Total Viewed: 14534
Last Refreshed: 04/05/2017

Established Bicycle Leasing Business For Sale

Bedok, Singapore

Asking Price : SGD50,000

Revenue: SGD140,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2014

Gross Profit: SGD100K - 200K

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD120,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 1

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

Reason To Sell
Owner focusing on multiple businesses
Business Description

Established Bicycle Leasing Business For Sale

Operating in Singapore since late 2014 with growing turnover year on year.

Bicycles are leased primarily for public events, school events and on private assignments.

Income to working owner at around $120,000 per year.

Verifiable financial statements available to approved purchasers.

The business suits someone wanting a new challenge and who enjoys meeting new people.

Alot of the hardwork has been put in and a new owner should develop on the existing collaborations with established brands and government agencies in Singapore for the past 3 years. The business has been part of major national events along with multiple community-level events across Singapore.

The existing owners have taken up a major business oppurtunity and would release this unique cycle leasing business to the right candidate.

Looking to sell at cost value of $50,000 for 30 unique bikes to get the business going.

Interested parties, please submit your interest. Confidentiality agreement needed prior to release of financial statements.

Business Operations
1 Local
Property Information
Premise Status:
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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