Listing Id: 14650
Total Views: 9354
(Sold) Profitable Transport Service Business For Sale ! Call 90670575
Tampines
Date Closed: 07/05/2022
Asking Price: S$3,200,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
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Monthly Rental
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Revenue
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Liability
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Payable
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Receivable
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Owner Role
Full Time
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Established
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Source
Broker
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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