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Listing ID: 13809
Total Viewed: 1474
Last Refreshed: 29/10/2018

Team Building Event/Management Biz For Sale

Geylang, Singapore

Asking Price : S$430,000

Revenue: Not Disclosed

Cash Flow: Not Disclosed

Payable: Not Disclosed

Established: Not Disclosed

Gross Profit: Not Disclosed

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: Not Disclosed

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

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

Reason To Sell
Focus on other commitments
Business Description

Team Building/Event Management for Corporates

 

πŸ’½ Established in 3/4/12

 

πŸ’½ Shop/biz operation office :

πŸ‘‰πŸΌ monthly rental $2,900

πŸ‘‰πŸΌ no GST

πŸ‘‰πŸΌ approx. 1,600sq.ft.

πŸ‘‰πŸΌ balance lease 2 years, 

1 Jan 2018 – 31 Dec 2019

πŸ‘‰πŸΌ cost of renovation $20,000

πŸ‘‰πŸΌ moved into empty space; then designed and furbished for business purpose; installed 4 new AC units

πŸ‘‰πŸΌ renovated 5 months ago

 

πŸ’½ Estimated yearly Turnover :$1.5M

 

πŸ’½ Estimated yearly 

nett profit

πŸ‘‰πŸΌ past 1 year = $259,800

πŸ‘‰πŸΌ Previous 2 years = $302,000

πŸ‘‰πŸΌ Average 5 years = $291,000

 

πŸ’½ Director’s involvement in the biz

πŸ‘‰πŸΌ Since Jan’18 the company staff have been trained to run almost β€œauto-pilot”

πŸ‘‰πŸΌ Used to be involved in Strategy, Business Development, Team Management, meetings and facilitation of big and mostly important events

 

πŸ’½ Staff : 

πŸ‘‰πŸΌ 11 + 1 intern

πŸ‘‰πŸΌ Local = 5+ 1 PR

πŸ‘‰πŸΌ EP = 2

πŸ‘‰πŸΌ S-Pass = 1

πŸ‘‰πŸΌ DP = 2

πŸ‘‰πŸΌ Intern = 1

 

πŸ’½ Operating hours :

πŸ‘‰πŸΌ 9am - 6pm (Mon-Fri)

πŸ‘‰πŸΌ Casual events on weekend

 

πŸ’½ Reason for selling:

Directors want to move to coaching and develop businesses and also relocate.

 

πŸ’½ Selling price $430,000 negotiable

Thank you & blessings 

Peter Wan

Dream Centre



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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