12 Years Old Profitable Scaffolding Business

Owner is retiring and prefers to let someone takeover the business rather than close it down.

His children are not interested in construction-related field and have their own businesses outside.

Have been operating profitably for the past 12 years.

Other than scaffolding, is able to conduct other construction-related works as well.

MOM licensed, LTA approved, and BCA registered.

Highest level of BizSAFE Star attained, with certifcations of ISO 9001:2008, SS506, OHSAS 18001:2007, and more.

Currently managed by only 1 boss himself with no marketing done and already profitable, if new owner takes over and expands, can earn even much more. In addition, he is now working only about 4 hours per day in a semi-retired mode.

With 20+ manual workers and a few supervisors overseeing the business.

New owner will be handed over 100+ of Clients, some are big names in the industry and valuable contacts built over 10+ years.

Existing contracts will also be handed over, with current value of about $600,000 to $800,000.

Total Incoming Receivables and Material Assets value at least $500,000.

Available jobs in the market potentially over $8,000,000 which current boss does not want to take up due to retirement plans. 

Owner is able to train and handover transition 3 to 6 months, or negotiable based on how much time required for full takeover.

Hopes to retire by February or March 2020.