Listing Id: 15167
Total Views: 16500
(Sold) "SOLD" - Profitable Electrical Appliances firm For Sale 97498301
Central Area
Date Closed: 09/10/2019
Asking Price: S$650,000
- Overview
- Reason For Sale
- Description
- Property Information
Overview
-
Premise Type
N/A
-
Premise Size
-
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
Owner is retiring
Description
- Heritage firm as it has been in operation for closed to 30 years
- Profitable with above $1 mil yearly gross turnover
- Double digit net profit margin
- Holding distribution rights/sole agent/authorised dealer for well-known electrical brands and OEMs for several popular electrical consumer and marine products
- Built good relationship and have many long term loyal corporate customers
- Experienced and loyal staff
- Sell with naming rights, inventories, customers data base etc
- Operator is retiring and prepared to transfer the business know-how to the new buyer
- Asking takeover fee nego (include inventories of about $650k and No Liabilities)
Interested please contact 97498301
Japan