Singapore  Singapore

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Listing Id: 29460 Last Refreshed: 11/10/2023 Total Views: 1600

(Expired)30 Years History Engineering Company, Biz Safe Level 4, Profitable, Wide Customer Base

WoodlandsPrecision Engineering Manufacturers
Asking Price: S$2,800,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size 3143 sqft / 292 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Retiring

Description

Reason for sale:
Retiring

Description:
· Strong presence in the Aviation industry, Port and Incineration plants, OEM Manufacturing, Machining and Precision Machining, Fabrication
· 30 years in business
· Recurring revenue between $2mil to $2.5mil
· Sale comes with fixed assets such as factory (remaining tenure is 3 years with the option of another 10 years extension), plant & equipment (Honing, Milling, Lathe machines, Indoor 2.0T overhead crane) , vehicles ( 2 x lorry and 1 forklift) , current assets with total market value of over S$1 mil
· Awarded government tenders for till 2025
· Wide customer base including government sector and local business
· Experienced Team of Engineers and operating staff
· Current 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


Interested, kindly contact 90492668

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