Listing Id: 28964
                
                    Total Views: 5376
                
            
            
                
(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