Listing Id: 28964
Total Views: 3135
(Sold) A Rare Opportunity To Own A Leading Bus Transport Company, Good profit 97498301
Central Area
Date Closed: 25/08/2024
Asking Price: S$1,680,000(Neg.)
- Overview
- Reason For Sale
- Description
Overview
-
Premise Type
Factory
-
Premise Size
N/A
-
Monthly Rental
N/A
-
Rental Desposit
N/A
-
Revenue
N/A
-
Liability
N/A
-
Gross Profit
N/A
-
Net Profit
N/A
-
Stock
N/A
-
FFE
N/A
-
Payable
N/A
-
Receivable
N/A
-
Owner Role
Full Time
-
Staff
N/A
-
Established
N/A
-
Source
Broker
Reason For Sale
Retirement
Description
A Rare Opportunity to Own a Leading Bus Transport Company
· Estimated yearly revenue of close to S$2 mil
· More than a decade in the industry
· Biz Safe Star Certification
· Known for providing safe and reliable bus services
· Solid customer base from Pte Schools, Childcare, Pre-schools, Bf & After School Care, corporate offices, chartered svs, adhoc events etc
· Tech enabled for ease of customers bookings and travel experiences
· Asset includes including company 18 fleet of buses, database for customers, service partners etc
· Motivated seller as owner is retiring
· Current owner will ensure ease of transition, providing training, transfer of expertise and business know-how to ensure smooth handover to the purchaser
· Projected Net Margin : About 17%
· Asking Price : S$1.68 mil nego
Malaysia