Singapore  Singapore

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Listing Id: 12815 Last Refreshed: 07/05/2019 Total Views: 9152

(Expired)Auto Repair Shop For Takeover

Jurong WestAuto Repair and Service Shops
Asking Price: S$380,000
Business For Takeover
Look For Investor
Look For Partner
Adlene Marsita Mohamed Basri

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$4,000
  • Rental Desposit N/A
  • Revenue S$600,000
  • Liability N/A
  • Gross Profit S$500K-1M
  • Net Profit S$180,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 2
  • Established 2014
  • Source Direct Seller

Reason For Sale

owners retire

Description

A fully equipped auto workshop operating since 2014. Primarily provides service and repair works for all car makes and models as well as commercial vehicles.

Original owners have reached retirement age and are looking for interested parties to buy/take-over the workshop.

The premises consist of 2 workshop units, 2 hydraulic auto lifts, water points, mezzanine office & lounge areas, product display area and all speciality equipment necessary.
Total approx. floor area 4k sq ft.

Financially per year
Current sales: $600,000-700,000
Net profit: 25%-30% year
Asking: $380,000 negotiable

Site inspection on the setup is welcomed but by appointments only.
For interested parties, please contact Marsita for further information.

Business Operation

9am-6pm
Business Hour
All speciality equipment necessary for Auto repair / maintenance
2 hydraulic hoist
Facilities
Can expand to tire and auto detailing
Expansion Potential

Property Information

Rent
Premise Status
1 year
Lease Term
2 workshops fully equip
Premises Details
/

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