SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Profitable car leasing frim for sale. High potential for growth with existing clients. The average net value (current market price less the outstanding loan) of each car is 30 K - 40K. 40% of cars are fully paid. So total value is 1.2 million based on 30 cars.
In addition Please see below:
-breakup of costs: 50-60K sales per month. 45-50K in costs are for maintenance, Car loans, Road Tax, Insurance and salary etc
-90% of cars leased out at any point in time
-corporate leases: 20%
-average age of the fleet: 5 years comprising 70% Jap cars and the balance are conti.
In summary, I am looking at $2million for this sale. If you are keen, we can meet to discuss. Thanks
Daniel
93214602
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