Singapore  Singapore

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Listing Id: 1598 Total Views: 12464

(Sold) Marine And Construction Insulation Services Company For Sale

Geylang

Date Closed: 22/06/2015

Asking Price: S$200K - 500K
  • Premise Type N/A Premise Size
  • Monthly Rental S$2,000 Rental Desposit N/A
  • Revenue S$20K - 50K Liability S$69,000
  • Gross Profit S$20K - 50K Net Profit S$10K - 20K
  • Stock N/A FFE S$155,000***
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 12
  • Established 1986 Source Broker
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average

Reason For Sale

Directors wish to retire. Children are not interested in taking over.

Description

Company is almost 30 years old. Sellers wish to retire. Good revenue up to SGD $700k a year. Profit around $160k.

Contact for more information.

Business Operation

Flatted factory. Storage space.
Facilities
5 to 12 months Training and retaining of director as consultant
Support and Training
Should be in marine or construction industry.
Background & Skills
Yes, seller financing is available.
Can approach business adviser to retrieve bank loan facilities.
Seller Financing

Property Information

Rent
Premise Status
Flatted Factory. 2 units.
Premises Details
Yes, it can relocate to other place
Relocatable

Supporting Document

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