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Listing Id: 32522 Last Refreshed: 10/11/2024 2737 Views

Looking To Divest A Lucrative Limousine Rental Service Boasting An Established Fleet Of 25 Alphards

Expired
Asking Price S$3,900,000(Neg.)
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$0

Business Operations & Assets

Stock
S$3,900,000 Price Included
Staff
3 Employee
Year of Incorporation
2023
Owner Role
Full Time
Premise Status
Rent
Premise Type
Office Building
Premise Size
500 sqft / 46 sqm

Business Details

Reason For Sale

Looking to Retire

Description

Looking to divest a lucrative limousine rental service boasting an established fleet of 25 Alphards and Vellfires, the company holds a valuation of no less than 3.9 million. This subsidiary, with a decade of experience in the rental industry, comes equipped with ongoing contracts and the added advantage of COE renewals for the fleet. Contemplating retirement, I am open to collaborations that promise enhanced value for expansion, all while maintaining a hands-off approach towards the business, provided that the management team is adequately prepared. Prior to commencing due diligence, interested parties will be required to sign the standard Non-Disclosure Agreement as stipulated by our legal team.
WA only: 98566023

Facilities

The physical assets consist of a unique collection of 25 units of sophisticated and powerful Toyota Alphards and Vellfires, each meticulously crafted to provide a seamless fusion of opulence and performance.

Competition

No competition since Contract Leases are executed consecutively.

Expansion Potential

Companies interested in expanding their current rental portfolio by introducing a luxury segment, or balancing their existing portfolio.

Buyer Support & Terms

Support and Training

will offer hands-on assistance throughout a 2-month transition period.
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