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Listing Id: 28964 Total Views: 3131

(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

  • 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

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