Businesses For Sale in SingaporeSingapore

Listing ID: 4637
Total Viewed: 2440
Last Refreshed: 19/09/2018

Profitable Medical Research Consumables And Equipment Distributor

Jurong East

Asking Price : SGD6,000,000

Revenue: SGD4,000,000

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: 2003

Gross Profit: SGD1,700,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD800,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: 11

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

Reason To Sell
Succession Planning
Business Description

The Company

The Company is a leading distributor of scientific bench-top equipment, consumables, custom services, chemical and biological reagents for applications in life science, biotech and pharmaceutical research in Singapore and Malaysia.

Incorporated in Singapore as a Private Limited company in 2003. Today, it has a portfolio of over 50 brands. The Company has strong relationship with its key customers and partners built over years and holds exclusive distributorship for few products.

Key customers include reputable research institutes, healthcare organizations and medical schools. While the business is now focused on consumable products, the company is expanding its product range by adding more equipment products to its portfolio.


The Company owns an industrial building with a total floor area of approximately 4,800 sqf, which is being used for general office and warehousing purposes. Total headcount is 11 covering administrative, sales and marketing, logistics and technical support functions.


Valuation

The business is valued by an independent business valuer at S$6.1M (mid-point of the valuation range) on a controlling, non-marketable basis as at 31 July 2016. The valuation excludes the office premises and cash and cash equivalent.


Ideal Acquirer

MNCs in same or similar trade seeking to increase their topline through acquisition and/or expand into Singapore/Malaysia market;
MNCs/Private Companies in trading / distribution business seeking to diversify into biomedical / healthcare sector;
Healthcare/bio-medical manufacturers seeking to expand vertically by building a distribution team.

The Founder is open to staying on as a consultant or employee of the acquirer post acquisition to ensure continuity and smooth transition


Business Operations
Supporting and Training:
Owner willing to stay as employee or as consultant
Staff:
11 Local
Property Information
Premise Status:
Own
Premise Size:
4800sqft
Relocatable:
Yes, it can relocate to other place
Other Information
Seller Financing Available:
Yes

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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