1. Business Snapshot Industry: AV, Technical Production and Lighting Design, specializing in unique solutions for MICE (business events), broadcast, Gallery, Installation, national and international project.
Reason for Sale: The owner is seeking to step back and find a successor or acquirer to continue the business's legacy.
2. Key Highlights Financial Strength: Despite recent scaling down, the company maintains steady revenue from a loyal client base. It is recognized for its high-quality, unique solutions and boasts a strong reputation in the industry. Effective cost management ensures operations remain lean and efficient.
Assets: The company has a robust inventory, including lighting, trussing, audio equipment, LED screens, and specialized systems, allowing it to meet diverse client needs.
Operational Efficiency: Recent workflow optimizations have reduced costs, supported by a skilled team, strong partnerships, and direct guidance from the owner, enhancing return on investment and promoting long-term growth.
3. Target Buyers Ideal Fit: Businesses or investors in the MICE or AV sectors looking for strategic growth and expansion. This includes young entrepreneurs eager for opportunities in the AV industry who would benefit from guidance and mentorship.
Business Operation
Assets: The company has a robust inventory, including lighting, trussing, audio equipment, LED screens, and specialized systems, allowing it to meet diverse client needs. Holds a valuable asset—an 11,000 sq ft industrial factory 30 years tenure situated at Loyang; the property valuation by the local bank is at $2.4m SGD. Acquired in 2017, this property was part of the company's expansion strategy to establish a facility for filming, Virtual Production, commercial shoots, and other relevant business applications, or for their own use as a warehouse and office, or a combined facility. Currently, the property is leased to a loyal tenant who has been there since 2017, with the lease extended until date.
Facilities
Handover: A comprehensive, structured transition plan over 12 months is in place for transferring operations, client relationships, with ongoing project transfers to the successor or acquirer at no additional fee to the owner.
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Singapore