Listing Id: 28364
Last Refreshed: 10/11/2023
Total Views: 1643
(Expired)Selling Ship/Marine Agency With A Great Cash Flow
Kallang/WhampoaAgents and BrokersLogistics and Freight ForwardingShipping Services
Asking Price: S$3,000,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Office Building
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Premise Size
640 sqft / 59 sqm
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Monthly Rental
S$2,800
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Rental Desposit
S$6,000***
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Revenue
S$400,000
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Liability
N/A
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Gross Profit
S$100K - 200K
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Net Profit
S$50K - 100K
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Stock
N/A
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FFE
N/A
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
N/A
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Established
N/A
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Source
Direct Seller
Reason For Sale
Moving overseas with family
Description
Hello Everyone,
Singapore is the 2nd largest seaport in the world and the marine industry is one of the oldest and most iconic businesses to go with.
I am here to sell a GST registered with a good cash flow shipping agency. We have stable customers who have been using the agency over the years. The company has been in the market for more than a decade with loyal and hard-working 7 staff. The full flash agency is registered with all relevant government agencies.
I would like to share some benefits to give you more understanding
A huge potential of growth, being a 2nd largest seaport in the world
Singapore's oldest and iconic industry and has many benefits in terms of permits and visa
Great country to stay & do business with safety, quality, clear processes, and a huge potential
Noticeable positive cash flow with continued growth each year
Sustainable business with long terms clients
While enjoying running a business, by making little effort in marketing and you will be able to recover your investment in no time and continue to enjoy company growth
The owner is open to help to extend and set up business next door in Malaysia. With this, you will enter another good market for long-run business opportunities and growth.
Independent and reliable team, you can monitor and participate from anywhere in the world with peace of mind
If you are a foreigner, you will have an added advantage to marketing Singapore business among your local ship owners, ship managers & ship charterers.
Best of all, If you are new to the marine industry and not confident, you may purchase 75% of the share and take over the full business. The owner will continue to support and mentor the business by remaining as a sleeping partner.
Singapore