Listing Id: 29460
Last Refreshed: 11/10/2023
Total Views: 1600
(Expired)30 Years History Engineering Company, Biz Safe Level 4, Profitable, Wide Customer Base
WoodlandsPrecision Engineering Manufacturers
Asking Price: S$2,800,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Factory
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Premise Size
3143 sqft / 292 sqm
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
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Established
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Source
Direct Seller
Description
Reason for sale:
Retiring
Description:
· Strong presence in the Aviation industry, Port and Incineration plants, OEM Manufacturing, Machining and Precision Machining, Fabrication
· 30 years in business
· Recurring revenue between $2mil to $2.5mil
· Sale comes with fixed assets such as factory (remaining tenure is 3 years with the option of another 10 years extension), plant & equipment (Honing, Milling, Lathe machines, Indoor 2.0T overhead crane) , vehicles ( 2 x lorry and 1 forklift) , current assets with total market value of over S$1 mil
· Awarded government tenders for till 2025
· Wide customer base including government sector and local business
· Experienced Team of Engineers and operating staff
· Current owner is open & willing to support for initial take over and mentor the business until new owner is settled which can be set upon mutual discussion / agreement
Interested, kindly contact 90492668
Singapore