Businesses For Sale in SingaporeSingapore

Listing ID: 14819
Total Viewed: 759
Last Refreshed: 06/12/2018

Investor Needed : Internet Of Things (Government Project Base)

Central Area, Singapore

Asking Price : S$1,200,000

Revenue: S$18,800,000

Cash Flow: S$1,000,000

Payable: Not Disclosed

Established: 2010

Gross Profit: SGD2,000,000

Inventory: Not Disclosed

Receivable: Not Disclosed

Owner Role: Full Time

Net Profit: SGD1,000,000

Liability: Not Disclosed

FFE: Not Disclosed

Staff: Not Disclosed

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

Reason To Sell
sell partial equity to expand the business
Business Description

The company has been running for 8 years on providing IT solutions to Government and Private sectors with great profits. The Internet of Things (IoT) growth trend is rising.


The company is raising the capital around 1,200,000 SGD traded with equity.


The company are now focusing IoT solutions (e.g. smart meters / smart trackers) to large organizations.


The best part: Strong relationship with many Government units as successfully deployed many great IT solutions


Current Status: Sales of 2018 will reach around 18.0 Million SGD & Preparing for the new business line "IoT" with same targets (Government and big firms).


  


Property Information
Premise Status:
Rent

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