Singapore  Singapore

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Listing Id: 31565 Last Refreshed: 23/04/2024 Total Views: 1421

Profitable Airfreight Company For Sale

ChangiLogistics and Freight Forwarding
Asking Price: S$5,200,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retirement

Description


This company is an international air & sea freight forwarder with overseas networks for
international connections for import their & export business. This company is an IATA (International
Air Transport Association) member. As an IATA member, it has Contract Agreement with many airlines
for air waybills & space allocations from many airlines. Due to these Contract Agreements with many
airlines, there is a huge growth potential to increase the yearly sales figures to higher level in the near
future. So far, this company has been growing steadily over the past several years, in term of revenue
& profit.

Year 2023: Revenue $8.4 million, Director Salary & Bonus $155K, Net Profit B4 Tax $930K
Year 2022: Revenue $13.7 million, Director Salary & Bonus $150k, Net Profit B4 Tax $820K

Total staff strength - 7 employees

Disclaimer: All financial information provided in the advertisement are estimates quoted by the owner of the business. Buyers must exercise their own due diligence. We are not liable for any inaccuracy or misinterpretation of those financial information. The information in the advertisement is for your references only and may have
changed since we last updated.

WhatsApp or call Mr P C Ang @ 93864082 for more information.
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