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Listing Id: 1926 Last Refreshed: 07/05/2019 10148 Views

Profitable And 'Auto-Pilot' Logistics Business For Sale

Expired
Asking Price <span class='currency'>S$</span>300,000
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This listing is no longer active and is not accepting enquiries.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
S$10K - 20K
Gross Profit
S$5K - 10K
Net Profit
S$5K - 10K
Monthly Rentalt
S$0

Business Operations & Assets

Year of Incorporation
2014
Owner Role
Full Time

Business Details

Reason For Sale

Owner migrating

Description

Logistics company with 2 vans (1 on long term lease and 1 own van which is a new Nissan NV350) for sale. Both vans are on long term contracts worth $16k-$18k monthly. Both drivers are experienced and handle the business by themselves. Even if there is a breakdown in vehicle or other issues related to the contract, they will solve it themselves. The new business owner just needs to look at the accounts once a month and collect the revenue, pay thesalary, the levy and CPF. Business is totally in auto-pilot mode so new owner need not worry about problems arising. Selling business because owner is migrating overseas.

Facilities

Nissan NV350 goods van

Expansion Potential

Great potential to expand because more contracts are coming in and I never take it because I wanted to sell the business. If you are willing to invest another 20k, I can help you to increase your fleet of 2 vans to 5 vans in 2 months. With 5 vans, monthly profit will be more than 10k.

Buyer Support & Terms

Support and Training

Full support for 1-2 months

Seller Financing

Yes, seller financing is available.
A down payment of 100k and then followed by monthly installments that both parties are comfortable with
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