Singapore  Singapore

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Listing Id: 28590 Last Refreshed: 13/06/2023 Total Views: 1745

(Expired)Automotive Dealership For Takeover

BedokAuto Dealers
Asking Price: S$100,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
JD

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  • Overview
  • Reason For Sale
  • Description

Overview

  • Premise Type Office Building
  • Premise Size 1200 sqft / 111 sqm
  • Monthly Rental S$3,800
  • Rental Desposit S$7,600
  • Revenue S$100K - 200K
  • Liability N/A
  • Gross Profit S$50K - 100K
  • Net Profit S$20K - 50K
  • 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

Relocating to another country

Description

Car dealership business for takeover.
With floor financing of 1.2million SGD.
Multiple finance companies for in-house loans, bank loans and full loans.
SOP intact for new business owner to come in and run the business. Will guide new owners to run the company with all the necessary paperwork.

Rental: $3,800 bef GST
Monthly gross profiT: $15,000 - $20,000

Letting go of this profitable business as director is relocating. Looking for handover before end of the month.
Pm.

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