Listing Id: 32462
Last Refreshed: 26/07/2024
Total Views: 1932
(Expired)Construction Registered And Bizsafe3 Licensed Metal Works Workshop For Takeover
Central AreaConstruction Contractor
Asking Price: S$68,000(Neg.)
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
Factory
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Premise Size
1000 sqft / 93 sqm
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Monthly Rental
S$3,900
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Rental Desposit
S$7,800
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Revenue
N/A
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Liability
N/A
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Gross Profit
N/A
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Net Profit
N/A
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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
5
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Established
2021
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Source
Direct Seller
Reason For Sale
Owner has 5 businesses on hand, No time to manage thus selling this business
Description
Operating with profit, this metal work and awning business has completed 141 projects in 2023 and YTD July 2024, we completed 80 cases. All our current 4 installers are Malaysians with 1 local Business Development Manager. Monthly overhead round $23k.
Located at Ubi, our workshop is fully functional to cut the hollow section and c or u channel to size for clean and faster installation at customer’s place. We have obtained BizSafe3 and cleared WSH and Civil Defence inspection in 2024.
Current machines and hand held tools worth more than $10,000 and galvanised metal stocks worth more than $10,000 will be included in the takeover fee. Renovated more than $50,000.
A company lorry can be considered for takeover for ease of operation. Takeover can be with existing staff or without. Easy WP quota of 1 Singaporean can hire 5 Work Permits.
Interested party to WhatsApp 94888885. Do not pm here as I’m too busy to check for respond in this platform.
Business Operation
Bidding for bigger projects. Working with MCST. Investor to fund for expansion. Tenured Construction Business can be sold for higher value in future.
Expansion Potential
Property Information
Ramp up with 2 lorries able to park directly in front of the workshop.
Premises Details
Yes, it can relocate to other place
Relocatable
Cambodia