Listing Id: 3387
Last Refreshed: 07/05/2019
Total Views: 8735
(Expired)Auto Repair Shop - Looking For Partner $200K
Jurong WestAuto Repair and Service Shops
Asking Price: S$200,000
Business For Takeover
Look For Investor
Look For Partner
- Overview
- Reason For Sale
- Description
- Business Operation
- Property Information
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
N/A
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Rental Desposit
N/A
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Revenue
S$500K-1M
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Liability
N/A
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Gross Profit
S$200K - 500K
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Net Profit
S$100K - 200K
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Stock
N/A
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FFE
S$100,000***
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Payable
N/A
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Receivable
N/A
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Owner Role
Full Time
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Staff
3
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Established
2013
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Source
Direct Seller
Reason For Sale
Looking for investor / Partner
Description
Looking for a silent or active partner to take over another partner's share for business continuation.
Currently, full buy-out value is at $500,000 which has been offered by a few companies. But owner wants to continue this business as it is profitable. Willing to offer $200,000 for 48% of the company.
Business has been ongoing for the last 2.5 years and workshop specialises in continental car repairs.
Business has been good but current shareholder/partner wants to sell off the company or share buy-out.
This is a good opportunity not to be missed. Pls call Gavin at 98636543 or 96111111 for more information. Thank you.
Business Operation
It comes with full facilities to do major repair and links to many specialised assist workshops
Facilities
Not many competition as not many are doing continental cars repairs. Insurance car agents are our biggest prospects as we are able to do repairs cheaper then average. Manager is well trained.
Competition
Possibilities of opening 3 more workshops to service more clients in various districts, including Malaysia
Expansion Potential