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Listing Id: 272 Last Refreshed: 06/07/2020 Total Views: 20085

(Sold) 24 Years Ship Repair and Marine Engineering Services Company

SingaporeService
Asking Price: S$4,500,000
  • Premise Type N/A Premise Size
  • Monthly Rental S$5,600 Rental Desposit N/A
  • Revenue S$170,000 Liability N/A
  • Gross Profit S$100,000 Net Profit N/A
  • Stock S$1,870,000*** FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 24
  • Established 1989 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Inlcude in the selling price
LI ZHILIANG

Reason For Sale

Owners retiring

Description

The company established since year 1989, with 24 years of experience in this line of business, to serve marine and industrial companies in the repairs and servicing of high and medium speed diesel engines, auxiliary machineries and miscellaneous mechanical equipment.

The clientele ranges from government bodies to private regional shipping companies.

Company is achieve with following certifications


ISO 9001:2008

BizSafe Level 3

Licensed by Port of Singapore Authority to carry out repairs including working at wharfs and terminals as mechanical contractors.

Registered with the BCA under the registration head ME11 - Grade 2

Circle of Excellence Award for Offshore and Marine Industry 2012/2013


The Company has a new factory with 60 year lease beginning from Oct 2000. It is equipped with a 10 tonne overhead travelling crane. Facilities include equipment for testing of diesel engines after rebuilding. Other equipment includes lathe, drilling, portable diesel welding equipment. Transport vehicles include 3 Lorries, a 3 tonnes forklift and one van.



Business Operation

8am-5pm(Mon-Sat)
Business Hour
12 months
Support and Training
Marine/ mechanical engineering
Background & Skills

Property Information

Rent
Premise Status
/

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