Listing Id: 24363
Last Refreshed: 14/12/2021
Total Views: 1126
(Expired)Systems Integrator with Existing Maintenance Contracts
SerangoonIT ConsultanciesIT Maintenance
Asking Price: S$500K - 1M
Business For Takeover
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Commercial Street
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Premise Size
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Monthly Rental
S$1,600
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Rental Desposit
S$3,200***
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Revenue
S$20K - 50K
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Liability
N/A
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Gross Profit
S$20K - 50K
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Net Profit
S$5K - 10K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
3
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Established
2015
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Source
Direct Seller
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.
Property Information
Yes, it can relocate to other place
Relocatable