Singapore  Singapore

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Listing Id: 24156 Last Refreshed: 15/05/2024 Total Views: 1774

(On Hold)Very Profitable Business. Covid 19 & Recession Proof

YishunMachinery Manufacturers
Asking Price: S$2,000,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental S$10,000
  • Rental Desposit N/A
  • Revenue S$170,000
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$28,000
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owner wish to buy back his time to focus other things

Description

Please contact Leslie @ 90053727

Manufacturing business (formerly USA company)

*Under essential services and covid 19 proof.

*Manufacturer & Supplier of essential parts in million dollar machines/equipments/production lines used in plants & factories ... supplying approx 80% to 90% of its products to USA customers & 10% to 20% (& growing) to Singapore client. Clients are mainly from Food Factories.

*Future expansion into Indonesia market is in planing stage (this move will easily increase the revenue) .. exact timeline to discuss with owner.

*Sale: 100% share for $2mil asking price. The whole production and QAQC team will remain. Serious seller willing to discuss with genuine buyer.

*Revenue approx $2mil per year now order is increasing in post covid.

*Net Profit margin approx 20%
*Conservatively Net profit at $300k per year.

*Recently:
1)Approached by Coca Cola Singapore office to manufacture spare parts for their production plant
2)Instant Noodle Factory that supply to NTUC.

Leslie Ho
Senior Associate Director
H/P: 9005 3727
(Century 21 Pte Ltd )
CEA: R003158I

Disclaimer : All the financial figures in the advertisement are estimated, been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. The broker is not liable for any misinterpretation or inaccuracyof the Vendor&financial data.The information in the advertisement is for your references only, and may have changed since last updated.
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