Singapore  Singapore

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Listing Id: 27934 Last Refreshed: 24/03/2024 Total Views: 527

(Expired)Running Business Of Moving And Warehousing Company With All Setup, Potential For Expand

Pasir RisTransportation and Storage
Asking Price: S$430,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental S$15,500
  • Rental Desposit S$43,000***
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 6
  • Established 2013
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner has other commitment and due to aging

Description

Ready Moving and Warehousing company with all setup, 6 vehicles, independent manpower, 12,000sqft warehouse, website with organic search and many more.

Looking for a Potential buyer to take over ready and running Moving and Warehousing company.

Over 30 years in the industry. Receiving bookings without any marketing.
Moving service almost fully booked till June 2023.
Warehouse 80-90% occupied with paying clients.

Website with enquiry Form. Google analytics with well researched key words just boost when needed more engagement.
Spent more than $1,000,000 on marketing over the years in the industry, quite a known brand.

Awards & Achievement :
SME500 awards 2015 & 2016, BizSafe level 3, SLA member, SNEF member, Letter of Appreciation by the Commissioner of Prisons Singapore, Expat Living Reader’s choice “Best Mover” 2020, Expat Living preferred service partner 2022, and many more.

Many marketing materials just boost when needed.
Instagram 6,500 followers
Facebook 19,000 followers

Good client based all kept in our Xero account :
High profile clients, regular clients, government, SME’s, celebrities, influencers and many more.

*Asking price $430,000 (Nego)*

Premise Type: Warehouse
Premises Size: 11,949sqft
Monthty Rental: $15,500
Rental Deposit: $43,000
Revenue: $90,000-$160,000
Gross Profit: $18,000-$30,000
Stock: S$0
Payable: N/A
Liability: N/A
Net Profit: $5K- $10K
Directors remuneration: $9K - $12K
FFE: $30,000
Receivable: N/A
Owner Role: Full Time
Staff: 6 (well-trained and independent)
Vehicle: 6
Net value of vehicles after deducting balance loan : $170K
Established: 2013
Source: Direct Seller

*Revenue, Gross Profit, Net Profit, and Cash Flow, are based on Monthly average

=================

Reasons for selling :
Owner have other commitments.

Interested kindly contact me :
Muhammed 81618971

Potential Areas for Expansion :
- West Malaysia relocation
- Expand fleet of 10ft trucks with 2 men
- Provide storage for ecommerce business
- GeBIZ Tender jobs : We have good reputation on the GeBIZ and being awarded a number of projects and constantly being invited. You can use the account for tendering.
- Creating an App similar to Gogovan and Lalamove. We have strong client based.
- Globalization opportunity with this trusted brand with many expats

I would be happy to schedule a meeting to discuss the details of the business and answer any questions you may have.
Thank you for your time and consideration. I look forward to the opportunity to work with you.

* For more info you may kindly go through our post slides or contact Muhammed at 81618971

Sincerely,
Muhammed

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