SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
More than 13 years old company in operation. Providing service to marine, offshore, shipyard and power plants.
Marine & power plant Machinery repair, o/hauling, routine maintenance, new installation.
Steel Work, Fabrication & Piping work.
Electrical Maintenance & Trouble shooting
Reconditioning of engine / machinery parts.
Supply of machinery spares & equipment.
Customer – ship owner, ship management, shipyard, power plant. Global base customers
This GST registered company has been in the market for more than 13 years & enlisted as approved vendor / service provider for many customers round the globe (Asia, Europe & North America). A huge potential of growth, strategically being located in a one of the largest seaport and ship repair hub in the world. Beside that Singapore is a great country to stay & do business with safety, quality, clear processes, and a huge potential.
Noticeable positive cash flow with continued growth each year.
Sustainable business with long terms clients
The company has achieved a steady annual recurring revenue of S$2 - 3 million
Serving repeat customers with a relatively high entry threshold.
This is a very beneficial and solid business opportunity for an entrepreneur with an understanding of marine, offshore & shipbuilding industries.
Preset owner is open & willing to support for initial take over and mentor the business until new owner is settled which can be set upon mutual discussion / agreement.
Reason of selling: relocating to overseas due to family reason.
Pls contact me for amicable discussion in details (Mr Raja, HP / WhatsApp: +6597565476, email: mamunraja@fareast-marine.com.sg)
Only serious and real buyers please.
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