SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
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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