Singapore  Singapore

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Listing Id: 28024 Last Refreshed: 05/04/2023 Total Views: 342

(Expired)Award Winning Security Agency With Regional Offices - Share Sale

GeylangSecurity
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size 2153 sqft / 200 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue > S$1M
  • Liability N/A
  • Gross Profit S$200K - 500K
  • Net Profit S$100K - 200K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Investor
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Children education funding

Description

One of the more successful security agency in Singapore.
Multiple industry award winning Company.
All major international companies are our clients. The business is still growing and expanding. We have option to take the comapny to IPO in the next 4 years.
Founded in 2006. Has offices in Indonesia, Malaysia, Thailand, Philippines, Cambodia, Vietnam, Korea and Hong Kong.
Annual Revenue - S$50m (2022)

Has 4 Singaporean shareholders. I am looking to sell 5% to 10% of my shares to fund my children's university education. Retaining the rest for possible stock market listing in the near future.

Estimated valuation is between S$20m to S$30m.

Preferred sales process:
Sign NDA
Sharing of financial statement
Appointment of independent valuer
Buyer due dilligence
Appointment of lawyer for the share sale

Please note that the sale shall be subjected to the majority approval of the shareholders.
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