Singapore  Singapore

Sell a Business

Listing ID: 15167 Date Closed: 09/10/2019 Total Views: 14911

"SOLD" - Profitable Electrical Appliances firm For Sale 97498301

Central Area

Date Closed: 09/10/2019

Asking Price: S$650,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason For Sale

Owner is retiring


- Heritage firm as it has been in operation for closed to 30 years

- Profitable with above $1 mil yearly gross turnover 

- Double digit net profit margin

- Holding distribution rights/sole agent/authorised dealer for well-known electrical brands and OEMs for several popular electrical consumer and marine products

- Built good relationship and have many long term loyal corporate customers

- Experienced and loyal staff

- Sell with naming rights, inventories, customers data base etc

- Operator is retiring and prepared to transfer the business know-how to the new buyer

- Asking takeover fee nego (include inventories of about $650k and No Liabilities)

Interested please contact 97498301

Property Information

Premise Status

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