Listing ID: 2100
Total Viewed: 10802
Last Refreshed: 10/01/2019

30+ Years Successfully Established Fiberglass Product Business For Sale (Sold)

Jurong West, Singapore

Asking Price : S$6,500,000

Revenue: S$8,300,000

Cash Flow: S$1,000,000

Payable: SGD1,000,000***

Established: 1982

Gross Profit: SGD3,600,000

Inventory: SGD42,000***

Receivable: SGD2,300,000***

Owner Role: Full Time

Net Profit: SGD1,300,000

Liability: SGD300,000***

FFE: SGD15,000***

Staff: 28

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
New generation not interested inheritance
Business 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 Operations
Business Hour:
Mon-Fri: 08:45-1800, Sat"0845-11:45
Preferred Skills:
General engineering knowledge
Supporting and Training:
Keyman will work for buyer for 2 years
13 Local, 15 Foreigners
Property Information
Premise Status:
Premise Size:
Rental Fee:
Premises Detai:
2 Story Terrance factory
Yes, it can relocate to other place
Other Information
Compressor, LRTM M/C, Welding M/C
There are not much competitor in Singapore. Most competitor are from oversea
Expansion Potential:
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.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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