Description
Dear Colleagues & Friends In The Laundry Industry,
We in A&B is open to merger discussions.
As we feel even the time before COVID 19 was tough, but now when we are at the beginning of a 6 to 9 months downtrend for all of us in the laundry industry and the difficult time forecasted.
We in A&B do consider a merger might be the best and only solution, as we don't have enough cash to acquire any laundry industry.
- If you do happen to have cash, please do let's discuss an acquisition, we are of course open for such discussion as well.
We had a reasonable good year 2019 with a turn over of approx S$ 1.6 million and a profit of 10%
With all other government requirements fulfilled, A&B is working 6 1/2 days per week.
An average of 25 well trained and motivated peoples working with team spirit in a modern factory located at 8 Kaki Bukit Avenue 4.
We do have 4 vans some well-trained drivers for handling dismantle and installation of curtains using GPS System for tracking of respective drivers for easy co-operation and location of each other.
We do have an interesting Laundry Management System newly installed even at some of our customer locations/operations great!!
We are one of the latest established laundry & dry cleaning company in Singapore and by so do have the latest set up of machinery and using the latest methods of processing of personal garments and household items.
- Where wedding dresses and curtain are the most obvious items for us to handle due to the very high ceilings and lift equipment installed.
- We do have a quite interesting customer base which could be divided as the following - (please note all figures are from the time before COVID -19)
- Firstly, from the delivery processing time in the factory and customers requirement as follows:
Approx. 25% serving the hotel guest - ie. return the same day
Approx. 25% of clubs guest laundry and uniforms - ie. next day return
Approx. 25% agents (collecting points) ie. 3 to 5 days processing time in the factory
Approx. 25% commercial items ie. 1 to 7 days processing time in the factory
We do consider our management style to be mentally young and open.
- Our rental lease expires end Aug 2020 and is prepared to move if needed
- We do also have the capacity to handle some addition S$ 100K to S$150K / month in a present factory
- If right items and by adding one more shift 1/2 or full time
If you like to learn more about A&B, please see our website and information below or contact me directly.
With my warmest regards,
Bengt Carlsson
Director
A&B Professional Dry Clean & Laundry
Mobile: 9815 94 57
www.abclean.sg