Listing Id: 30067
Last Refreshed: 10/11/2023
Total Views: 1667
(Expired)20 Year Courier And Delivery Company For Takeover
Kallang/WhampoaCourierLogistics and Freight Forwarding
Asking Price: S$2,000,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Factory
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Premise Size
3000 sqft / 279 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Owner Semi Retire
Description
This is a solid company well known for its service standards among the players in the industry. It boasts well established blue-chip clients in its portfolio and the turnover is about S$2mil.
It has a fleet of about 11 vehicles and a staff strength of 25. The company has huge potential to grow to become a truly #1 5-star service provider in the market. This is a unique proposition as there isn't any similar competition in the niche segment it operates. The upside potential is huge as it is in talk with one of the biggest players in the industry for rapid expansion. There is also potential for listing and acquisition as long as the business is run properly. Wil share more details for serious buyer/investor.
This busienss is suitable or has better leverage for someone who has the following:
- exisiting resources to compliment backend functions ie accounting, HR, office thereby cutting costs
- quotas for foreign workers
- similiar business in courier service, last-mile transportation, warehousing or fuilfillment
- contacts with decision makers who dela with outsourcing of delivery services
- energy and business acrumen to run the business as owner is semi retiring