Singapore  Singapore

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Listing Id: 30177 Last Refreshed: 06/11/2024 Total Views: 1407

Profitable International Mover & Relocation Company

Ang Mo KioMoving and Relocation
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$200K - 500K
  • Liability S$0
  • Gross Profit S$50K - 100K
  • Net Profit S$20K - 50K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 24
  • Established 2012
  • Source Direct Seller

Reason For Sale

Founder started another business and would like to exit fully or partially

Description

Business Overview
- Company specializing in offering complete national and international relocation solutions to clients.
- Our clients are mostly individual ex-pats / agent bookings & corporates
- Business has no liability. strong network in international movers association
- We got continuous growth every year with automatic leads from the portal.
- Our in-house system helps to close more sales together with the help of the app.
Products & Services Overview
- International door-to-door relocation.
- Credit card/insurance comparison platform.
- Mobile app for international moving & packing.
Assets Overview
- Intangible assets include a website, a rented warehouse at a strategic location, staff, partnerships, technology solutions, and - partnerships with different vendors like FedEx, DHL, and American Express.
- Tangible assets include office furniture and laptops.
Facilities Overview
- 7,000 sqft warehouse (rental)

Capitalization Overview
We are generating enough revenue and are profitable. So don't need any external funding for business growth

Business Operation

We have 7000 sqft warehouse , around 80 wooden liftvan to store goods
Facilities
We were mainly focused on Private customers and agent business.
Competition
easy to expand other countries due to our partnership with international agents
Expansion Potential
We got trained staff who can continue to run the business and established partner network.
Support and Training

Property Information

Rent
Premise Status
Yes, it can relocate to other place
Relocatable
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