Description
Hello everyone, we are currently exploring the possibility of selling our family owned contractor firm
We have spent more than three decades building this business into what it is today. This wasn't an easy decision, but our priorities have changed. Our children are growing up and we would like to spend more time with our family while the kids are still young instead of chasing the next $10 million in revenue.
We are not desperate to sell and am happy to continue running the business if we can't find the right buyer. However, if someone can see the value in which we have built, we'll rather hand it over to someone who can continue growing it.
This is a genuine plug-and-play business. Instead of starting from zero, youβll be taking over an established operation with strong local presence.
π Key Highlights
π° Year 2025 revenue approx S$6,500,000 - S$7,000,000
π° Monthly sales revenue ranges between S$300,000 - S$600,000
π° Monthly 200-400 fresh leads enquiries through our own direct marketing
π° Approx. S$800,000 confirmed and secure in pipeline
βοΈ We are selling both main operating company including a sole prop that was registered more than 30 years ago
βοΈ BCA registered (have quota to hire foreign workers)
βοΈ GST registered
βοΈ Zero liability (we will clear all outstanding working capital bank loan before handling over the business)
βοΈ 10,000 sqft consisting of office work space + fully operational and functioning carpentry workshop
βοΈ 6 x company lorries included in sale (can be used for another 7.5 years till COE expire, hire purchase left 4.5 years)
βοΈ S$30,000 worth of security deposit included in sale (2 x factory + worker dormitory)
βοΈ We have both commercial and residential sales division set up and running
βοΈ Business runs mainly on SOPs and systems, over the years we have developed, curated and created systems to handle the first customer inquiry, sales process, quotations generation and project execution.
βοΈ Team: HR, admin, finance, marketing, sales consultants, site coordinators, supervisors, foreign workers
π Why this opportunity is attractive?
Yes, this is indeed a boring business. It will not discover the next Viagra or become the next UBER
However this business is able to sustain and prosper regardless of any global uncertainly. We have diversify into both commercial and residential projects, for our commercial side, if the economy is bad, we specialises in reinstatement works. If economy is good, we too specialises in turn-key office renovation projects. For our residential projects, if the economy is bad, customers will skip middleman and flock to find direct contractors to save on their renovation cost. If the economy is good, they will spend even more and come to us to further maximise every dollar.
This is not a bare space takeover, new business venture, ID business or new business idea pitching. The buyer are acquiring an established business with more than 3 decades of history, existing business licenses, MOM registered, experience employees and foreign workers, fully operational factories, existing lorries, very strong client base and an operating systems already in place.
For buyer already in the construction industry, this will serves really well to further expand your capabilities in the interior fitting out business with own workers instead of relying on sub-contractors. Better control on profit margins and project scheduling.
For buyer not in this industry but looking into stepping in the construction industry, this is a rare chance to acquire a well established self running and self sustaining business.
π Suitable Buyers
βοΈ Existing business operator looking to expand their in-house capabilities
βοΈ Existing renovation boss looking to penetrate, grow and target certain segment of the market
βοΈ New entrants to the industry wanting to buy into a proven, profitable and operational business
βοΈ Overseas company looking to start or expand regionally in Singapore
Further details available after NDA and buyer qualifications
Please Note: We are only looking to speak with genuine buyers. We are not looking for business brokers, marketing agencies or people who are simply curious about the business.