Singapore  Singapore

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Listing Id: 36120 Last Refreshed: 26/03/2025 Total Views: 68

Established 10-Year Moving & Air-Conditioning Business For Sale – Profitable & Turnkey Opportunity!

MandaiTransportation Engineering
Asking Price: S$2,500,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owners are retiring

Description

Bivety.sg | Whatsapp/Call: William 97218288| Company A: Air Conditioning Services Provider
Overview
Company A is a leading specialist in air conditioning installation, maintenance, and cleaning services, catering to both residential and commercial clients. With a focus on high-quality service and customer satisfaction, the company ensures optimal performance and longevity of air conditioning units through advanced cleaning and maintenance techniques.

Services Offered
- One-Time General Aircon Servicing
- Yearly Contract Aircon Maintenance
- Chemical Wash and Overhaul
- Steam Cleaning Services
- Troubleshooting & Parts Replacement

Company B: Professional Moving & Logistics Services Overview
Company B is a trusted provider of relocation and logistics services, offering tailored solutions for residential, commercial, and specialized moving needs. With a strong reputation for efficiency and care, the company ensures a stress-free moving experience for individuals and businesses alike.

Services Offered
- Residential Moving
- Commercial Moving
- Specialist Moving
- Warehousing & Logistics Services

Ownership & Transition
The current owner is looking to retire, approaching 60 years old, with a father in his 90s. Willing to stay for at least three months after completion for a smooth handover.
Fleet Management
All lorries are rented under 2-year contracts with varying terms. Fleet consists of 7 lorries and 3 vans.
Manpower & Quota Contributions
Total number of employees: 27.
The moving company employs 23 workers, while the aircon company has 4 employees.
22 foreign workers, mostly from India and Bangladesh, with an average tenure of 5-6 years and aged between 32-40.
5 Singaporeans/PRs are employed, including two directors.

Financial Considerations
No business loans associated with the company.
Dormitory costs for 16 beds at $600 per head are included under manpower costs. Marketing expenses range between $1,000 and $2,000 monthly.
Revenue for the moving company is projected to increase in 2024, while the aircon company sees a slight decline, with a primary business focus on moving services.
Customer Breakdown
90% of the customer base is B2C, while 10% is B2B.

Business Continuity
The company has potential employees capable of running the business post-transition.

Looking at 4X EBIDTA

For further inquiries or to express your interest, please contact us at 9721 8288 or via WhatsApp at https://wa.me/6597218288.
For additional listings, visit our website at https://www.bivety.co/.

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