Singapore  Singapore

Sell a Business

Listing ID: 13809 Last Refreshed: 07/05/2019 Total Views: 6628

Team Building Event/Management Biz For Sale

Geylang

Asking Price: S$430,000
  • Premise Type N/A Premise Size N/A
  • Monthly Rental N/A Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Peter Wan Dream Centre Business Brokerage Pte Ltd
Email Owner

Reason For Sale

Focus on other commitments

Description

Team Building/Event Management for Corporates

 

πŸ’½ Established in 3/4/12

 

πŸ’½ Shop/biz operation office :

πŸ‘‰πŸΌ monthly rental $2,900

πŸ‘‰πŸΌ no GST

πŸ‘‰πŸΌ approx. 1,600sq.ft.

πŸ‘‰πŸΌ balance lease 2 years, 

1 Jan 2018 – 31 Dec 2019

πŸ‘‰πŸΌ cost of renovation $20,000

πŸ‘‰πŸΌ moved into empty space; then designed and furbished for business purpose; installed 4 new AC units

πŸ‘‰πŸΌ renovated 5 months ago

 

πŸ’½ Estimated yearly Turnover :$1.5M

 

πŸ’½ Estimated yearly 

nett profit

πŸ‘‰πŸΌ past 1 year = $259,800

πŸ‘‰πŸΌ Previous 2 years = $302,000

πŸ‘‰πŸΌ Average 5 years = $291,000

 

πŸ’½ Director’s involvement in the biz

πŸ‘‰πŸΌ Since Jan’18 the company staff have been trained to run almost β€œauto-pilot”

πŸ‘‰πŸΌ Used to be involved in Strategy, Business Development, Team Management, meetings and facilitation of big and mostly important events

 

πŸ’½ Staff : 

πŸ‘‰πŸΌ 11 + 1 intern

πŸ‘‰πŸΌ Local = 5+ 1 PR

πŸ‘‰πŸΌ EP = 2

πŸ‘‰πŸΌ S-Pass = 1

πŸ‘‰πŸΌ DP = 2

πŸ‘‰πŸΌ Intern = 1

 

πŸ’½ Operating hours :

πŸ‘‰πŸΌ 9am - 6pm (Mon-Fri)

πŸ‘‰πŸΌ Casual events on weekend

 

πŸ’½ Reason for selling:

Directors want to move to coaching and develop businesses and also relocate.

 

πŸ’½ Selling price $430,000 negotiable

Thank you & blessings 

Peter Wan

Dream Centre


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