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Listing Id: 36517 Last Refreshed: 03/05/2025 1371 Views

Profitable Ongoing Business For Sale. Direct Profit Earned Monthly.

Expired
Asking Price S$50,000(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This listing is no longer active and is not accepting enquiries.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
S$8,800
Gross Profit
S$5,000
Net Profit
S$6,000
Monthly Rentalt
S$0

Business Operations & Assets

Receivable
S$7,800
Payable
S$3,000
Liability
S$2,300
Staff
2 Employee
Year of Incorporation
2016
Owner Role
Full Time
Premises Details
Lease by client.

Business Details

Reason For Sale

Manpower and administrative issue

Description

Provide transportation for a european company
Need a bigger company with HR, ACCOUNT department to takeover.
Sole proprietor company is tough to run operation and provide backend support.
Only higher management are to be serve.
Projection end year 2031.
Project started last 5 years on back to back project.
Award contract August 2024.
Reason to sell due administrative, manpower and financial tightness to hire.
Current contract just renewed. Balance of 22 months.
Contract renewed at 2yr + 2yr + 2yr.
Driver and vehicle may continue service.
Fixed revenue monthly $7800.
Variable revenue optional. Provide taxi service for inspector to and from batam. 1000-2000 per month
Rate may increase in due.time.
Contact dchartersvcs@gmail.com

Facilities

Mini buses 13 seater x 1

Competition

None

Expansion Potential

Projected increase of client manpower and the need of bigger vehicles for daily usage.

Buyer Support & Terms

Support and Training

Will support and trained new company worker/driver by myself owner of the contract.

Background & Skills

Transportation
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