Singapore  Singapore

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Listing Id: 32135 Last Refreshed: 02/07/2024 Total Views: 894

Construction Heritage Restoration

Sungei KadutConstruction Contractor
Asking Price: S$1,500,000(Neg.)
Business For Takeover
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Overview

  • Premise Type Factory
  • Premise Size 10000 sqft / 929 sqm
  • Monthly Rental S$15,000
  • Rental Desposit N/A
  • Revenue S$3,000,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$400,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 15
  • Established 2016
  • Source Direct Seller

Reason For Sale

Retiring

Description

Well established specialist heritage windows and doors restoration company. On hand project $3-4million. Last year nett profit before tax 400k with no bad debts. No debts or bank loan. Have a fresh LC line 390k with bank but isnt in use.

With a well equiped door manufacturing plant in Senai Johor, total machineries worth $2million, raw materials S$200-300,000. Direct foreign workers 37 and Office staffs and Design dept 3 staffs. Producing timber doors, heritage windows, kitchen cabinet, wardrobes and carpentry products.

Spore12 well trained foreign workers and 3 Spass staff, 2 showroom cum dormitory and 2 JTC factory unit 10,000sq.ft. Showroom and JTC fty break lease at seller cost. A lorry and many construction tools.

Business Operation

JTC factory spent 100l fixes up power and approval. 2 units tiotal 10,000sq.ft
Facilities
We are No. 1 Heritage windows and doors retorrer
Competition
Unlimited due to spore lacking suck skill and kmowledge
Expansion Potential
Will work part time for 2 years to support sales and marketing, 6months training Project Management team
Support and Training

Property Information

Yes, it can work at home
Home Base
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