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Listing Id: 31425 Last Refreshed: 21/06/2024 1507 Views

Very Profitable BCA Registered Constructions Business For Sale

Expired
Asking Price S$6,500,000(Neg.)
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This listing is no longer active and is not accepting enquiries.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
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$8,000

Business Operations & Assets

Staff
50 Employee
Year of Incorporation
2006
Owner Role
Full Time
Premise Status
Rent
Premise Type
Factory
Premise Size
5200 sqft / 483 sqm
Rental Deposit
S$24,000 Price Included
Premises Details
The premises is a drive-up factory unit.

Business Details

Reason For Sale

Owners Retiring

Description

The Company is registered with the Accounting and Corporate Regulatory Authority, ACRA, as an Exempt Private Company Limited by Shares. The Company has a paid-up capital of SGD1,000,000 at SGD1/ordinary share held equally by 2 individuals.

The Company is also registered with the Building and Construction Authority of Singapore, BCA, under workheads and/or License CW01, CW02, CR03, CR06 and GB2. It is also certified with Quality and Safety Certification like ISO9001:2015; ISO14001:2015; ISO45001:2018 and BizSafe Level Star

The company has proven tracked records over the last 18 years and the average income generated per year from the Company over the last 5 years during its operation from 2018 to 2022 was projected that the average income per year was as follows:-
REVENUE SGD3,264,511
Cost of Revenue SGD2,014,682
GROSS PROFIT SGD1,249,829
Operating Cost SGD1,037,950
EBITDA SGD211,879

Revenue in 2023 was in excess of SGD8M

The Company has a backlog WIP in 2024 of about SGD9M

The Company is valued with income approach and goodwill on net intangible assets to be worth between SGD6,272,795 and SGD7,223,836 as of November 2023

Facilities

The company has a tangible and intangible assets of more than SGD1million.

Expansion Potential

The Company qualifies for the Class 1 General Builder license which is able to undertake and complete projects of any value.

Buyer Support & Terms

Support and Training

All staff and operating structure to be handed over intact. Only change in owners.
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