Singapore  Singapore

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Listing Id: 31143 Last Refreshed: 07/03/2024 Total Views: 1374

Waterproof Specialist (High Profit) Biz For Sale

Jurong EastRepair Services
Asking Price: S$3,800,000(Neg.)
Business For Takeover
Look For Investor
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Overview

  • Premise Type Office Building
  • Premise Size 1808 sqft / 168 sqm
  • 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 Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owner retiring

Description

Highly Profitable & Top Waterproof Specialist Contractor with more than 20 years of experience
in our local market for immediate takeover. Over the years, this business has accumulated a large
pool of customers all over the island. All these years the business has been providing waterproofing
services to the followings:
1) Commercial Buildings
2) Shopping Malls
3) Hotels
4) Restaurants
5) HDB flats

The asking price is $3.80 million dollars which also include assets of over $1 million dollars.
High profit margin of about 40 to 50% for current jobs.
1) For 2022, total Sales about $1.7 million, Director fee & Salary $220K & profit before tax about $550K
2) For 2023, total Sales about $1.8 million, Director fee & Salary $220K & profit before tax about $600K

Pls WhatsApp or Call Mr P C Ang @ 93864082. Thank you !!!

Disclaimer: All financial figures in this advertisement are estimate, were quoted and provided by the seller.
Buyers must exercise their own Due Diligence. We will not be liable for any misinterpretation or inaccuracy
of the seller financial information. All these information for your reference only and may have changed since
we last updated.

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