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Listing Id: 14650 Total Views: 14419

(Sold) Profitable Transport Service Business For Sale ! Call 90670575

Tampines

Date Closed: 07/05/2022

Asking Price: S$3,200,000

Overview

  • Premise Type
  • Premise Size
  • Monthly Rental
  • Rental Desposit
  • Revenue
  • Liability
  • Gross Profit
  • Net Profit
  • Stock
  • FFE
  • Payable
  • Receivable N/A
  • Owner Role
  • Staff
  • Established
  • Source

Reason For Sale

Health issues

Description

Established since 2010, the Company provides a one stop solution for transportation needs across the city. The Company adopts the techniques of intelligent transportation systems using various communication technologies and devices.
The Company mainly serves two major clients : corporate and schools, which comprises of premium and monthly chartered bus services.
The Company owns (some are leased) more than 20 buses, with a staff strength of 15.
Estimated yearly revenue is $1 mil and above
Estimated annual net profit 2018 is $280k (Profits are increasing every year due to vehicle loans being fully paid)
Due to health issues, operator needs to sell the business.

Asking price : $3.2 mil (includes assets worth estimated value of $750k)

Interested buyers pls call Vincent @ 90670575 for a discussion. Thanks !


Disclaimer : All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data. The information in the advertisement is for your references only, and may have changed since we last updated.


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