Listing Id: 2645
Total Views: 10994
(Sold) Mobile Repair And Distribution Company
Central Area
Date Closed: 07/05/2018
Asking Price: S$3,100,000
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
N/A
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$348,510
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Liability
N/A
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Gross Profit
S$228,623
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Net Profit
S$105,947
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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
2012
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Source
Direct Seller
Reason For Sale
Looking towards pursuing other interests.
Description
A leading mobile repair and distribution company in Singapore for acquisition. The Company is one of the largest in the country with presence in Bugis, Geylang and Chinatown. The business caters to a large, varied demographic of customers and has seen significant growth over the past few years.
Overview
A Unique Market Opportunity in a growing but underserved industry: As one of the most accessible repair and distribution companies in Singapore, the Company is geographically well poised to capture the demand from both foreign and domestic demand.
Differentiated business model: One of the largest privately owned firm, it places dedicated mobile repair at its core coupled with island wide presence and distribution.
Scalability: The geographic reach and logistical centralization offers an excellent platform to add additional products and services and potentially expand to other markets.
Business Operation
Substantial size of the operations and marketing economies of scale serve as high barriers of entry against existing smaller competitors and new entrants.
Competition
Geographic reach and logistical centralization offers opportunity to expand to overseas markets.
Expansion Potential
Yes, seller financing is available.
Seller Financing
Property Information
Renewable in 2 years
Lease Term
Yes, it can relocate to other place
Relocatable
Singapore