Listing Id: 30428
Last Refreshed: 04/02/2024
Total Views: 3293
(Expired)EBITA 18 percent. ROI 10-12%
Jurong WestElectronic Manufacturers
Asking Price: S$1,500,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
Overview
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Premise Type
Factory
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Premise Size
15000 sqft / 1394 sqm
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Monthly Rental
S$9,000
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Rental Desposit
N/A
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Revenue
S$180,000
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Liability
S$100,000
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Gross Profit
N/A
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Net Profit
S$35,000
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Stock
S$1,000,000
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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
Investor
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Staff
70
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Established
2022
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Source
Direct Seller
Reason For Sale
Raise funds
Description
India smartphone users are estimated to be around 650m users currently. This is set to double before 2030. With a shift of usage away from Chinese phones, American and Korean brands would benefit.
Apple have been shifting their manufacturing direction globally to India, Vietnam and Mexico aggressively in the past 2 years, and are in line to grow exponentially in market share with the assistance of Tata and Foxconn in India
We are manufacturers of ESD, PPE, and Cleanroom consumables in India.
In our first year of operations, our revenue was 1.8m SGD. We hold Global AVL to Wistron, Foxconn, Pegatron, SalComp, TATA and many other manufacturing EMS.
The company also holds a 2m freehold industrial property in Tagore with Equity of 0.5m
We are looking to raise capital for expansion into precision engineering, clean room construction, mobile phone manufacturing Bill of Materials.
The investment can come in the form of a loan or share equity.
Stocks, machinery and debtors (MNCs) are at 1+ m SGD. Liabilities are around 100k SGD
Our projection for 2024 and 2025 remains strong.
We look forward to meeting like minded personal in the field of Manufacturing / Semiconductor / Electronics to scale the business along with us.
Singapore
