Singapore  Singapore

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Listing Id: 33302 Last Refreshed: 04/11/2024 Total Views: 52

Profitable Lubricant Wholesale & Distribution Company For Sale

Jurong EastImport and Export
Asking Price: S$1,500,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner
Kevin de Groot
Email Owner

Overview

  • Premise Type Factory
  • Premise Size 3638 sqft / 338 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue S$100K - 200K
  • Liability S$600,000
  • Gross Profit S$20K - 50K
  • Net Profit S$10K - 20K
  • Stock S$500,000
  • FFE N/A
  • Payable S$5,000
  • Receivable S$331,000
  • Owner Role Full Time
  • Staff 5
  • Established 2016
  • Source Direct Seller

Reason For Sale

venture into other business

Description

ALPHA VELOX LLP is the authorised distributor for Eni Lubricants (Singapore & JB), Wolver Lubricants (Singapore & JB), Mannol Lubricants (Singapore) with a vast network locally selling B to B and strong export clients, with our own warehouse (3638sqft) and inhouse fulfilment.
Our company has been in the lubricant business for more than 14 years and provide all the tools to make the current business even more successful for the new owner(s).

Business Operation

- Inventory value off approx - $500K
- Existing customer network of more than 200+
Facilities
The lubricant market is always very competitive, but due to our long market presence we have our long term customer support for our B to B sales channels.
Competition
Many expansion opportunities as we have yet to explore the Industrial and marine side of the lubricant market, which is a very big market.
Expansion Potential
Full support is available for proper handover.
Support and Training
wholesale and distribution
Background & Skills

Property Information

59 years
Lease Term
Own warehouse (not included in the sale) at 196 Pandan Loop #05-24. 3638sqft.
Own Lorry (10 foot) KIA K2500.
Premises Details
Yes, it can relocate to other place
Relocatable
Send Enquiry
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