Singapore  Singapore

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Listing Id: 27918 Last Refreshed: 24/03/2023 Total Views: 223

(Expired)Profitable & Recurrence Revenue IT Infrastructure Business For Sale

MandaiBuilding and ConstructionInformation TechnologyService
Asking Price: S$8,000,000(Neg.)
Business For Takeover
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Overview

  • Premise Type Office Building
  • Premise Size 2500 sqft / 232 sqm
  • Monthly Rental S$2,500
  • Rental Desposit N/A
  • Revenue S$150,000
  • Liability N/A
  • Gross Profit S$75,000
  • Net Profit S$35,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

EXIT

Description

Singapore-based company established on 2004 with the mission to providing complete and integrated cabling infrastructure for voice, data and video communications. With the rapid evolution of Internet Protocol (IP) technologies, many organizations are starting to migrate their business communication systems to the IP platform. In most cases, the implementation will be challenging due to the need of engaging multiple contractors to undertake different scopes of services.

With proven track record of delivering high-quality engineering solutions to its clients across various industries, including data centre, defense, Govt agencies and Ministries.The company has a team of experienced engineers and designers who are dedicated to delivering innovative and reliable solutions to its clients.
One of the key strengths is its ability to generate profitable and recurring revenue streams. The company has established long-term relationships with its clients, which have resulted in repeat business and a steady stream of revenue. Furthermore, the company has a diversified client base, which helps to mitigate any potential risks associated with a single client or industry.
The company is well-positioned for growth, given its expertise in emerging technologies such as artificial intelligence, robotics, and the internet of things (IoT). The company has invested in developing its capabilities in these areas, which has enabled it to offer cutting-edge solutions to its clients.
In summary, Convergent Engineering Pte Ltd is a profitable and recurring revenue generating company that provides innovative engineering solutions to a diversified client base across various industries. With its experienced team, established client relationships, and expertise in emerging technologies, the company is well-positioned for continued growth and success.

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