Listing Id: 31565
Last Refreshed: 26/07/2024
Total Views: 1839
(Expired)Profitable Airfreight Company For Sale
ChangiLogistics and Freight Forwarding
Asking Price: S$5,200,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Office Building
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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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.