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Listing ID: 23877 Last Refreshed: 11/01/2024 8628 Views

(On Hold)Well Established, Industrial Hardware Supply Business - Price Reduced !!

Asking Price S$550,000(Neg.)

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$0

Operations & Ownership

Owner Role
Full Time

Property Information

Premise Type
Factory

Operations & Growth

Reason For Sale

Business Owners Retiring after 40 over years in business

Description

Are you Looking for a readily built Business opportunity with high potential? 


Don’t miss this very rare opportunity to own 40 long years of a flourishing family-owned business with good potential for growth.


By buying this business you are already all “Set to Go” in your business Pursuits! 


This is a industrial hardware supply company with a vast range of products such as


                            ·      Abrasive & adhesive Products

                            ·      Fasteners

                            ·      Security Locks

                            ·      Safety and Welding Equipment & Materials

                            ·      Gauges

                            ·      Brushes

                            ·      Taps

                            ·      Drills

                            ·      Thermometer


The sellers who are senior citizens with good business knowledge are Retiring and desires to pass on their 40 long years of business to a good hand so that they can relish and enjoy the hard labor laid down for the newcomers and to ensure the continuity of the business they grew up over years.


  1. Extensive list of customers ranging from varied industries like ship building, ship repairing, Oil and Gas, Building and Construction, Hotels, Restaurants etc.

  2. 100% handing over of the business will take place with ongoing Business operations, training, staff on board, owners will stay back till the buyers are ready with full knowledge of the day-to-day business for smooth and efficient business continuity


Buyers may choose to buy the company for SGD550,000/- Negotiable.


If interested, you can also purchase the two storey Factory Building of about 6000 Sq.ft together with the business for SGD2,550,000/- (optional) and Negotiable for sincere and serious business offers. 



 

Building Description:


·        8m Ceiling Height

·        B2 Terrace Factory / Workshop in District 22, Singapore

·        Balance Tenure 33 years [60 years from 1997]

·        Double Storey with fully optimized space with racks for stocks and inventories.

·        Suitable for All Trades especially for heavy trades – buyers can run the current business as it is or can add their       existing allied business and consolidate all in one place

·       Direct loading & unloading in front of the unit

·        Containers able to access directly

·        Convenient location

·        Heavy floor loading

·        Comes with Mezzanine

·       Two Carparks for the unit

·        Parking Lots available both in front and back of the building

·        Toilets and Pantry areas for staff to feel good and feel homely for the post Pandemic business operations.

·        Wide driveway for easy loading/ unloading

·        Near Jurong East MRT / - Canteens & food courts are around.

·        Quick access to PIE & AYE


Whatsapp me for further discussions and viewing arrangements. 


Viji Jagadeesh

wa.me//+6590058217

 


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