Singapore  Singapore

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Listing Id: 13809 Last Refreshed: 29/04/2023 Total Views: 8775

Team Building Event/Management Biz For Sale

GeylangEvent Management
Asking Price: S$200K - 500K
Business For Takeover
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  • Premise Type Office Building Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • 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 Part Time Staff N/A
  • Established N/A Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd
Email Broker

Reason For Sale

Focus on other commitments

Description

Team Building/Event Management for Corporates

💽 Established in 3/4/12

💽 Shop/biz operation office :
👉🏼 monthly rental $2,900
👉🏼 no GST
👉🏼 approx. 1,600sq.ft.
👉🏼 balance lease 2 years,
1 Jan 2018 – 31 Dec 2019
👉🏼 cost of renovation $20,000
👉🏼 moved into empty space; then designed and furbished for business purpose; installed 4 new AC units
👉🏼 renovated 5 months ago

💽 Estimated yearly Turnover :$1.5M

💽 Estimated yearly
nett profit
👉🏼 past 1 year = $259,800
👉🏼 Previous 2 years = $302,000
👉🏼 Average 5 years = $291,000

💽 Director’s involvement in the biz
👉🏼 Since Jan’18 the company staff have been trained to run almost “auto-pilot”
👉🏼 Used to be involved in Strategy, Business Development, Team Management, meetings and facilitation of big and mostly important events

💽 Staff :
👉🏼 11 + 1 intern
👉🏼 Local = 5+ 1 PR
👉🏼 EP = 2
👉🏼 S-Pass = 1
👉🏼 DP = 2
👉🏼 Intern = 1

💽 Operating hours :
👉🏼 9am - 6pm (Mon-Fri)
👉🏼 Casual events on weekend

💽 Reason for selling:
Directors want to move to coaching and develop businesses and also relocate.

💽 Selling price $430,000 negotiable
Thank you & blessings
Peter Wan
Dream Centre

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