Listing Id: 28964
Total Views: 3165
(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
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Premise Type
Factory
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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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
Saudi Arabia