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Overview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Assets & Working Capital
Stock
S$500,000
Stock and inventory
Price Included
Receivable
S$331,000
Money owed to the business
Price Included
Payable
S$5,000
Money owes to others
Liability
S$600,000
Debts & financial obligations
Operations & Ownership
Staff
5 Employee
Year of Incorporation
2016
Owner Role
Full Time
Property Information
Premise Type
Factory
Premise Size
3638 sqft / 338 sqm
Premises Details
User-entered information
Own warehouse (not included in the sale) at 196 Pandan Loop #05-24. 3638sqft.
Own Lorry (10 foot) KIA K2500.
Own Lorry (10 foot) KIA K2500.
Operations & Growth
Reason For Sale
venture into other business
Description
Our company has been in the lubricant business for more than 15 years and we can provide all the tools to make the current business even more successful for the new owner(s). Official distributor for 3 major oil companies from Europe.
Facilities
- Inventory value off approx - $500K
- Existing customer network of more than 200+
- Existing customer network of more than 200+
Competition
The lubricant market is always very competitive, but due to our long market presence we have our long term customer support for our B to B sales channels.
Expansion Potential
Many expansion opportunities as we have yet to explore the Industrial and marine side of the lubricant market, which is a very big market.
Buyer Support & Terms
Support and Training
Full support is available for proper handover.
Background & Skills
wholesale and distribution
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Singapore