Singapore  Singapore

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Listing Id: 31866 Last Refreshed: 19/05/2024 Total Views: 184

Renovation Company's Offering Comprehensive Flooring And Carpentry Solutions To Residential And Comm

YishunInterior Designer
Asking Price: S$1,500,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Work at Home
  • 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 S$60,000***
  • FFE S$70,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 25
  • Established 2020
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Plan to move overseas

Description

Business Overview
Served more than 5000 clients, estimated 2024 revenue of $1.6M, Service business with stable team, owner involved part time and runs business with the help of team. With strong back end setup, targeting to enter interior designing space to move up on the value chain and better profitability.

Products & Services Overview
Direct contractor Providing flooring installation, restoration Services and Carpentry Services to residential and commercial customers in Singapore.

Assets Overview
Brand, 3 own vehicles, all machinery and inventory, all digital and physical assets.

Facilities Overview
No real estate owned. Rental for carpentry workshop $2400. No Office at present, all WFH setup.

Capitalization Overview
Currently, the company is solely with 1 directorship.

Funds are used at earlier stage of the business from family funding, and personal funds. SMS loan was taken to scale the business by Investing in vehicles, machines, resources, systems as we have expanded to other services.

Business Operation

vehicles, timber stock, floor sanding machines, marble machines
Facilities
resource availability is challenge
Competition
can move up on value chain by offering interior designing services
Expansion Potential
support will be provided as required. BUt it mostly auto pilot mode with all the staff in place.
Support and Training
business
Background & Skills

Property Information

Rent
Premise Status
1 year
Lease Term
no office, 1 carpentry workshop
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base
Send Enquiry
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