Listing Id: 2100
Total Views: 13784
(Sold) 30+ Years Successfully Established Fiberglass Product Business For Sale
Jurong West
Date Closed: 10/01/2019
Asking Price: S$6,500,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
-
Monthly Rental
S$0
-
Rental Desposit
N/A
-
Revenue
S$8,300,000
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Liability
S$300,000
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Gross Profit
S$3,600,000
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Net Profit
S$1,300,000
-
Stock
S$42,000
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FFE
S$15,000
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Payable
S$1,000,000
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Receivable
-
Owner Role
Full Time
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Staff
13
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Established
1982
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Source
Direct Seller
Reason For Sale
New generation not interested inheritance
Description
Company established for more than 30 years, and ISO 9001:2008 certified since 2003. The client from following industries:
1) Transportation
2) Chemical / Petroleum
3) Marine/Offshore
4) Building and Construction
5) Engineering work etc.
The company financial is very healthy, the sales revenue for
Year 2014: Sales S$8.3mil, Net Profit: S$1.3mil
Year 2013: Sales S$7.4mil, Net Profit: S$1.16mil
The asking price exclude:
1) Property
2) Two factories in oversea
Business Operation
Mon-Fri: 08:45-1800, Sat"0845-11:45
Business Hour
Compressor, LRTM M/C, Welding M/C
Facilities
There are not much competitor in Singapore. Most competitor are from oversea
Competition
Company had award a SGD8.8 mil project to supply bus pars for local transportation company. Other bus project in Hong Kong and Marine, Industry Project will continue as usual.
Expansion Potential
Keyman will work for buyer for 2 years
Support and Training
General engineering knowledge
Background & Skills
Property Information
2 Story Terrance factory
Premises Details
Yes, it can relocate to other place
Relocatable
Singapore