Singapore  Singapore

Sell a Business

Listing ID: 16399 Last Refreshed: 12/07/2019 Total Views: 895

Looking For Investors

Jurong East

Asking Price: S$15,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue S$10K - 20K Cash Flow N/A
  • Gross Profit S$5K - 10K Net Profit Under S$5K
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Investor Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
nisha
Email Owner

Reason For Sale

Looking investors

Description

Local Moving/re-location company looking for investors  for expansions .

WE Are Movers/relocation specialists and also wharehouse delivery agents 

Currently in the process of expanding to a warehouse to store goods/repacking/delivery/reselling etc

We are looking for investors for either short term or long term(5years) with a fixed ROI.

Do Call us for more information on investment details and process. 


We are not looking for partners or any plans to outsouce the contracts.

For long term investment of $50k

Option 1:

ROI or loan interest at 18% (base on your invested capital)  per annul with $10,000 withdrawal each year.

Eg:

1st year ROI- $9000 with $10,000 withdrawal.(bal $50K)

2nd year -$7200 with $10,000 withdrawal (bal $40k)

3rd year- $5400 with $10,000 withdrawal (bal $30K)

4th year- $$3600 with $10,000 withdrawal (bal $20K)

5th and last year $1800 with $10,000 withdrawal. (bal $10K)

Option 2:

18% ROI on company net profit with $10,000 withdrawal each year for 5 years 

There will be generic investment agreement to be signed. 

Details of usage of funds:

-leasing of 3x 14ft trucks 

-leasing of 2x10ft trucks and customization cost.

-leasing of warehouse (1000sqft- 1800sqft) ( you can visit us anytime to see our basic operations and 2nd furniture re-selling) considering co working space to minimize cost and risk. probably by this month leasing will be done as we are close to negotiations.

-payroll for new manpower

-marketing and website cost

-Inventory purchase (eg: movers box etc) bulk purchase 

-Standby for new contracts/offers.

Please free to contract me at anytime for further clarifications. 

Much thanks 


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