Owner has physical condition and is looking to retire
Description
Company for sale with B1 Industrial factories Established for about 19 years in Singapore Currently about 4 workers, 7 staff total Current assets : 1. 2 ground floor factory units with market price above S$2.5 million 2. Well stocked inventory of spare parts and machinery (S$100-200k worth of spare parts, S$100k worth of equipment) 3. Profitable business, well establish since Year 2009 4. Monthly revenue $300K+ 5. Established client base consisting Singapore's largest freight forwarding companies, B2B dealings with consistent revenue 6. Way less competition compared to automobile repair shops 7. Owner can remain as a supervisor to hand over the skillsets and business acumen for a few years after sale 8. Can sell and leaseback the factories to reduce capital costs
Singapore
