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Listing ID: 3555
Total Viewed: 3708
Last Refreshed: 02/01/2017

Looking For Investor For Projects And Product Development

Choa Chu Kang, Singapore

Asking Price : SGD15,000,000

Revenue: Above SGD1M

Cash Flow: SGD10K - 20K

Payable: SGD200,000***

Established: 2010

Gross Profit: SGD200K - 500K

Inventory: SGD400,000***

Receivable: SGD300,000***

Owner Role: Full Time

Net Profit: SGD200K - 500K

Liability: SGD20,000***

FFE: SGD30,000***

Staff: 7

* Revenue, Gross Profit, Net Profit, Cash Flow are based on Annual average

***NOT included in asking price

Reason To Sell
Business Development Initiative
Business Description

We are Singapore's leading suppliers of engineered wood veneer to carpenters locally and overseas. We have a distribution network headquartered in Singapore and a presence in cities like Jakarta, Manila and Kuala Lumpur. Our product is OEM in China using only German and Italian Machinery. 

Started since 2010, our company is well known in the architecture and interior design community in Singapore and the region. We also have a strong project reference and track record for the past 6 years of operation. 

We are looking at developing a new product. The funds we need will be use in R&D, Stocking up, branding and marketing activities. For over the next 5 years we need up to $15 million dollars in funding. We are expecting a return of 10% per annum from the 3rd year onwards. 

Our team is made up of a dedicated team of professionals with a combined experience of over 30 years in the trade. 

Business Operations
Business Hour:
9am to 6pm
Preferred Skills:
Logistics, interior design, manufacturing
Supporting and Training:
6 Local, 1 Foreigner
Property Information
Premise Status:
Premise Size:
Rental Fee:
Rental Deposit:
SGD15,000 (NOT included in selling price)
Lease Term:
3 years
Premises Detai:
Clean and organised with ample space for unloading
Yes, it can relocate to other place
Other Information
only one main competitor in singapore
Expansion Potential:
lots of room for expansion as singapore builds its population towards 7.3 million people, the potential is as far as the population will grow. overseas developing countries are catching on this product.

All the information in this listing has been provided by the business seller or representative. Our platfrom is not responsible for the accuracy of the information.

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