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Listing Id: 24363 Last Refreshed: 14/12/2021 1159 Views

Systems Integrator with Existing Maintenance Contracts

Expired
Asking Price <span class='currency'>S$</span>500K - 1M
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
S$20K - 50K
Gross Profit
S$20K - 50K
Net Profit
S$5K - 10K
Monthly Rentalt
S$1,600

Business Operations & Assets

Staff
3 Employee
Year of Incorporation
2015
Owner Role
Full Time
Premise Status
Rent
Premise Type
Commercial Street
Rental Deposit
S$3,200 Price Included

Business Details

Reason For Sale

relocating out of singapore, exploring other opportunities, taking a break

Description

We have been in the Systems Integration business for 9 years now and have had pretty good success in our early years, hence having quite a few existing maintenance contracts (close to 200k annual) to sustain the business in years to come. In addition, we have a couple of ongoing projects with both existing and new customers and have potential deals in the pipeline for 2022 as well.


Unfortunately, my partner and I are intending to relocate out of Singapore and hence, i would like to sell the business and hand over my legacy to someone who is as passionate in the SI and IT industry as me to ensure the efforts we have painstakingly put in all these years do not go to waste.

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