Singapore  Singapore

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Listing Id: 31425 Last Refreshed: 15/05/2024 Total Views: 1094

Very Profitable BCA Registered Constructions Business For Sale

SembawangConstruction ContractorInterior Designer
Asking Price: S$6,500,000(Neg.)
Business For Takeover
Look For Investor
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Overview

  • Premise Type Factory
  • Premise Size 3300 sqft / 307 sqm
  • Monthly Rental S$8,000
  • Rental Desposit S$24,000***
  • 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 Full Time
  • Staff 50
  • Established 2006
  • Source Direct Seller
  • ***Inlcude in the selling price

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

The Company has a backlog WIP into 2024 of about SGD2,300,000

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

Business Operation

The compnay has a tangible and intangible assets of more than SGD1million.
Facilities
The Company qualifies for the Class 1 General Builder license which is able to undertake and complete projects of any value.
Expansion Potential
All staff and operating structure to be handed over intact. Only change in owners.
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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