Singapore  Singapore

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Listing Id: 1962 Total Views: 14613

(Sold) Profitable Insulation Business

Geylang

Date Closed: 28/03/2017

Asking Price: S$100K - 200K

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$2,100
  • Rental Desposit S$5,000***
  • Revenue S$50K - 100K
  • Liability N/A
  • Gross Profit S$10K - 20K
  • Net Profit S$10K - 20K
  • Stock S$20,000***
  • FFE S$110,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 1986
  • Source Broker
  • ***Inlcude in the selling price

Reason For Sale

Retiring

Description

Well known and profitable construction insulation business for sale. Affordable rental. Long term business and contracts.

Business Operation

Office Hours and ad-hoc calls due to construction site requirements
Business Hour
2 pick up trucks with CEO till 2020 at $27k each. 3 insulation spray machines worth $12000 each.
Facilities
Very few in the market.
Competition
Yes.
Expansion Potential
3 Month Handover for training
Support and Training
Must be from construction background.
Background & Skills

Property Information

Rent
Premise Status
HDB
Lease Term
2 shop spaces. Total at $2100 a month.
Premises Details
Yes, it can relocate to other place
Relocatable

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