A sale/takeover of an established Singapore-based company that assists Singapore-registered vehicles with VEP applications.
Key highlights: Profitable and operating Low over-heads Strong, recurring demand driven by cross-border travel Proven systems and processes in place 6-figures revenues monthly Lean team, scalable, and relatively straightforward to operate Suitable for strategic buyers, operators, or investors looking for cashflow businesses If you or someone you know might be keen to explore further, feel free to contact 89714581 for an intro.
Business Operation
Small office used for administrative work, customer coordination, and document processing Desktop or laptop computers for VEP application processing Basic office furniture Digital storage systems for softcopy records and submissions Access to VEP portals and online submission systems 2 Phone Lines + Iphones with Whatsapp Business Customer CRM Records Templates, checklists, and SOPs for processing applications efficiently Website Hosting
Facilities
The business has strong expansion potential due to ongoing cross-border travel demand and recurring VEP application needs. Growth can be achieved by increasing application volume through marketing and partnerships, offering related services such as renewals, and streamlining processes to handle higher volumes with minimal additional costs. The low-capital, process-driven model also makes the business easy to scale or integrate into an existing operation.
Competition
The business operates in a competitive VEP application services market, competing with independent agents, small service shops, and customers who apply on their own. Many competitors focus on low prices but lack consistent processes, leading to errors, rejections, and poor follow-up. DIY applications often cause delays due to unclear requirements. The business stands out through reliable procedures, experienced handling, proactive customer communication, and a low-cost structure, allowing it to compete on service quality and turnaround time rather than price.
Expansion Potential
Will assist in structure and train and share practical knowledge unreservedly, see through your initial operations and marketing initiatives for 3-6 monthsMuch love and care and renewals, investment of time and heart have been implemented over the years and this leaves the buyer with a good base to plan the business to greater heights.
All listings, including descriptions, data, and images, are provided by the seller or their representatives. We do not verify the accuracy, completeness, or authenticity of any information and offer no guarantees or warranties.
Any disputes, claims, or decisions arising from the information provided in listings are solely between buyers and sellers. Learn how to avoid scam.
Singapore