Owner is retiring and prefers to let someone takeover the business rather than close it down.
His children are not interested in construction-related field and have their own businesses outside.
Have been operating profitably for the past 12 years.
Other than scaffolding, is able to conduct other construction-related works as well.
MOM licensed, LTA approved, and BCA registered.
Highest level of BizSAFE Star attained, with certifcations of ISO 9001:2008, SS506, OHSAS 18001:2007, and more.
Currently managed by only 1 boss himself with no marketing done and already profitable, if new owner takes over and expands, can earn even much more. In addition, he is now working only about 4 hours per day in a semi-retired mode.
With 20+ manual workers and a few supervisors overseeing the business.
New owner will be handed over 100+ of Clients, some are big names in the industry and valuable contacts built over 10+ years.
Existing contracts will also be handed over, with current value of about $600,000 to $800,000.
Total Incoming Receivables and Material Assets value at least $500,000.
Available jobs in the market potentially over $8,000,000 which current boss does not want to take up due to retirement plans.
Owner is able to train and handover transition 3 to 6 months, or negotiable based on how much time required for full takeover.
Singapore