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#Business ID: 14978

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Rare Gem Of An Established Material Engineering Company Serving Marine, Construction, Oil & Gas

Business Location: Singapore

Asking Price: SGD 11,500,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures included]
[Real Estate Included]

Business Summary

Company Overview:

Established Singapore based company providing material engineering services in a hard-to-enter industry. Pioneer and market leader in several service segments over its long history, serving marine, offshore, construction oil and gas industries.

Investment Highlights:

1. Ready portfolio of clientele and recognizable brand name

Given its consistently reliable and efficient services, it has successfully built a strong name, retaining clients which include blue chip companies. Operator switching in this industry is uncommon given the technical nature of work involved. Strong loyal client base expected to be inherited over the foreseeable future.

2. Manufacturing excellence with customization capabilities

With a full range of machinery, the company offers comprehensive engineering capabilities where few companies are able to match. An initial capital outlay of millions at today's pricing will be required to successfully match its manufacturing capabilities.

3. Specialist workforce

Boasting a pool of in-house trained experienced technical experts, the company possesses the technical know how to provide specialist services to match clients' complex requirements. With a minimum years of service to be on an average of ten years, workforce is expected to be stable going forward.

Property Details

Size:

For 10 workers

Years Established:

Established in 1975

Property Type:

Real

FF&E:

SGD 2,000,000

Real Estate Value:

SGD 8,000,000

Other Business Details

Business Location:

A select piece of land right in the heart of industrial Singapore at Tuas, this 80,000 sqft leasehold land with a three storey building has expansion possibilities.

Expansion Potential:

The Growth Ahead Occupying an industrial land area of 80,000 sqft, potential is largely untapped for developing related services to cross sell and upsell existing client base. With limited industrial space in land scare Singapore, the company is well-positioned with its unique technological capacity to surpass its 70% market share in several segments. Aggressive marketing will accelerate top line revenue with ample opportunities to grow vertical and complementary services. As Singapore continues aggressive infrastructural developments and given the company's manufacturing capabilities, the right management team put in place will be able to capitalize on major infrastructure and construction projects going forward.

Living Accommodation?

Yes
Approved workers' dormitory

Business Operation Details

Employees:

35 Employees

Trading Hours:

8AM to 6PM

Support & Training:

Owners willing to offer 6 months to 1 year handover

Miscellaneous Details

Reason For Selling:

Owners would like to retire and looking for 100% exit

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