Singapore  Singapore

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Listing Id: 2100 Last Refreshed: 20/05/2021 Total Views: 13744

(Sold) 30+ Years Successfully Established Fiberglass Product Business For Sale

Jurong WestManufacturing
Asking Price: S$6,500,000
Business For Takeover
Look For Investor
Look For Partner
  • Premise Type N/A Premise Size
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$8,300,000 Liability S$300,000
  • Gross Profit S$3,600,000 Net Profit S$1,300,000
  • Stock S$42,000 FFE S$15,000
  • Payable S$1,000,000 Receivable
  • Owner Role Full Time Staff 13
  • Established 1982 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Leroy Singapore Business Brokerage Pte Ltd

Reason For Sale

New generation not interested inheritance

Description

Company established for more than 30 years, and ISO 9001:2008 certified since 2003. The client from following industries:
1) Transportation
2) Chemical / Petroleum
3) Marine/Offshore
4) Building and Construction
5) Engineering work etc.

The company financial is very healthy, the sales revenue for
Year 2014: Sales S$8.3mil, Net Profit: S$1.3mil
Year 2013: Sales S$7.4mil, Net Profit: S$1.16mil

The asking price exclude:
1) Property
2) Two factories in oversea

Business Operation

Mon-Fri: 08:45-1800, Sat"0845-11:45
Business Hour
Compressor, LRTM M/C, Welding M/C
Facilities
There are not much competitor in Singapore. Most competitor are from oversea
Competition
Company had award a SGD8.8 mil project to supply bus pars for local transportation company. Other bus project in Hong Kong and Marine, Industry Project will continue as usual.
Expansion Potential
Keyman will work for buyer for 2 years
Support and Training
General engineering knowledge
Background & Skills

Property Information

2 Story Terrance factory
Premises Details
Yes, it can relocate to other place
Relocatable
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