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Listing Id: 42468 Last Refreshed: 02/09/2026 12 Views

🚢 Singapore Marine Engineering Company For Sale | 27 Years Track Record | Established Workforce

Asking Price S$600,000(Neg.)

Overview

Financial Performance

Monthly Figures
Revenue
S$105,000
Gross Profit
S$52,000
Net Profit
S$15,000
Monthly Rentalt
S$1,853

Business Operations & Assets

Staff
45 Employee
Year of Incorporation
1999
Owner Role
Full Time
Premise Type
Factory
Premise Size
1200 sqft / 111 sqm
Rental Deposit
S$3,706 Price Included
Premises Details
The business currently operates from commercial premises in Tuas, Singapore, strategically located within the industrial and marine business district, providing convenient access to shipyards, offshore contractors and industrial customers.

Business Details

Reason For Sale

Owners wish to pursue other business interests and retirement planning. The company is seeking a strategic buyer to take over and grow an established marine engineering platform with existing workforce, customer relationships and industry presence

Description

Singapore Established Marine Engineering & Shipyard Contractor

A rare opportunity to acquire a long-established marine engineering and manpower contracting business with immediate operational capability in Singapore.

Key Highlights

βœ… Established since 1999 (Nearly 27 years operating history)
βœ… Singapore incorporated company with proven marine industry presence
βœ… Existing marine engineering and shipyard support operations
βœ… Common Contractor registration and established industry relationships
βœ… Approximate workforce platform of 45 workers available for operations
βœ… Active customer relationships and recurring revenue stream
βœ… Immediate market entry without years of setup and approvals
βœ… Existing management, administration and operational infrastructure
βœ… Suitable for strategic investors, marine contractors and industry operators seeking expansion or acquisition growth

Financial Snapshot

β€’ Annual turnover approximately SGD 1.0M to SGD 1.2M range based on recent operations.

β€’ Revenue-generating business with existing projects, workforce and customer base.

β€’ Paid-up capital: SGD 500,000.

Why This Acquisition Makes Sense

Building a marine contracting business from scratch can take years of regulatory approvals, workforce development, customer acquisition and operational establishment.

With this acquisition, a buyer gains:

βœ” Immediate operating platform
βœ” Established industry reputation
βœ” Existing workforce capability
βœ” Existing customer network
βœ” Market credibility built over decades
βœ” Faster access to marine and shipyard opportunities
βœ” Significant time and cost savings compared to starting a new company

Ideal Buyer
Marine engineering companies seeking expansion
Shipyard contractors
Offshore and marine service providers
Foreign investors entering Singapore marine sector
Strategic buyers seeking immediate operational capability
Entrepreneurs looking for a ready-made industrial platform
Asking Price

Guide Price: SGD 600,000 (Negotiable)

Indicative valuation report prepared with strategic investor valuation range reaching SGD 700,000 to SGD 1,000,000.

Strict Confidentiality

The identity of customers, contracts, workforce details and commercial information will only be disclosed to serious purchasers after initial screening and execution of a Non-Disclosure Agreement (NDA).

Contact
πŸ“§ Contact for Confidential Information Memorandum (CIM), Management Accounts and Due Diligence Discussion.

Facilities

Established marine engineering and shipyard support operation with existing workforce deployment, office administration infrastructure, customer relationships, supplier network, work-in-progress projects, vehicles, equipment and established operating systems. Business has been operating continuously in Singapore's marine sector for nearly 27 years.

Competition

The business operates within Singapore's highly competitive marine engineering and manpower support industry. Competition comes from marine contractors, manpower suppliers and engineering service providers. However, the company's long operating history, industry relationships, workforce availability and established market presence provide a competitive advantage over newly established businesses.

Expansion Potential

Significant growth opportunities exist through expansion of marine manpower deployment, shipyard support services, offshore projects, subcontracting activities and strategic partnerships within Singapore's marine and offshore sector. Existing industry relationships and operational platform provide a strong foundation for future growth.

Buyer Support & Terms

Support and Training

Current management is willing to provide a reasonable handover period to ensure smooth transition of operations, customer management, ongoing projects and administrative processes. Duration and scope can be mutually agreed with the purchaser.

Background & Skills

Ideal purchaser may have experience in: Marine Engineering Offshore & Marine Industry Shipyard Operations Industrial Contracting Workforce Management Project Management Business Development Industry experience is preferred but not mandatory for investors acquiring the business as a strategic platform.
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Potential Concerns Areas that may require clarification or further verification.
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Financial Assessment Review the available financial information and its limitations.
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Risk Assessment An indicative risk level based on the information disclosed.
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