United Kingdom

Sell a Business

Listing ID: 2100 Last Refreshed: 26/05/2019 Total Views: 12448

30+ Years Successfully Established Fiberglass Product Business For Sale

Jurong West

Asking Price: S$6,500,000
  • Premise Type N/A Premise Size 10086sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue S$8,300,000 Cash Flow S$1,000,000
  • Gross Profit S$3,600,000 Net Profit S$1,300,000
  • Stock S$42,000 Liability S$300,000
  • Payable S$1,000,000 Receivable
  • FFE S$15,000 Established 1982
  • Owner Role Full Time Staff 13
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average
Leroy Singapore Business Brokerage Pte Ltd

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
Supporting and Training
General engineering knowledge
Background & Skills

Property Information

2 Story Terrance factory
Premises Details
Yes, it can relocate to other place
Relocatable

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