Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Operations & Ownership
Owner Role
Full Time
Property Information
Premise Status
Rent
Premise Type
Commercial Street
Operations & Growth
Reason For Sale
Retirement
Description
Age of Business: >20 years
Annual Revenue: $35 mil
EBIT: $2.2 mil
Indicative Price: $15 mil (Include $5 mil working capital)
Location of Business: Singapore
Seller Financing: Yes
Reason for selling: Owner’s retirement
Fey Day presents an oil distribution business that has been around for more than 20 years in Singapore. Their team consist of 16 staffs including owners and drivers. They enjoy a strong reputation in the industry, with a wide base of 300 B2B customers. (Namely in the pump station, construction, logistics and fleet operators)
What makes this a good opportunity?
1. This is a niche market with only 6 significant players.
2. Customer loyalty (Customers has been with them for 10 years on average)
3. It is an asset light and strong cashflow business
4. Has the potential to grow regionally. (Malaysia, Indonesia and Vietnam)
5. Diverse customer base with no customer concentration risk
Owners are willing to stay and support the handover transition for up to 12 months.
For more qualified deals, please visit www.feyday.com
Annual Revenue: $35 mil
EBIT: $2.2 mil
Indicative Price: $15 mil (Include $5 mil working capital)
Location of Business: Singapore
Seller Financing: Yes
Reason for selling: Owner’s retirement
Fey Day presents an oil distribution business that has been around for more than 20 years in Singapore. Their team consist of 16 staffs including owners and drivers. They enjoy a strong reputation in the industry, with a wide base of 300 B2B customers. (Namely in the pump station, construction, logistics and fleet operators)
What makes this a good opportunity?
1. This is a niche market with only 6 significant players.
2. Customer loyalty (Customers has been with them for 10 years on average)
3. It is an asset light and strong cashflow business
4. Has the potential to grow regionally. (Malaysia, Indonesia and Vietnam)
5. Diverse customer base with no customer concentration risk
Owners are willing to stay and support the handover transition for up to 12 months.
For more qualified deals, please visit www.feyday.com
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Singapore