Listing Id: 1926
Last Refreshed: 07/05/2019
Total Views: 10078
(Expired)Profitable And 'Auto-Pilot' Logistics Business For Sale
SerangoonTransportation and Storage
Asking Price: S$300,000
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Business Operation
Overview
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Premise Type
N/A
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Premise Size
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Monthly Rental
S$0
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Rental Desposit
N/A
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Revenue
S$10K - 20K
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Liability
N/A
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Gross Profit
S$5K - 10K
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Net Profit
S$5K - 10K
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Stock
N/A
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FFE
N/A
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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
0
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Established
2014
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Source
Direct Seller
Reason For Sale
Owner migrating
Description
Logistics company with 2 vans (1 on long term lease and 1 own van which is a new Nissan NV350) for sale. Both vans are on long term contracts worth $16k-$18k monthly. Both drivers are experienced and handle the business by themselves. Even if there is a breakdown in vehicle or other issues related to the contract, they will solve it themselves. The new business owner just needs to look at the accounts once a month and collect the revenue, pay thesalary, the levy and CPF. Business is totally in auto-pilot mode so new owner need not worry about problems arising. Selling business because owner is migrating overseas.
Business Operation
Nissan NV350 goods van
Facilities
Great potential to expand because more contracts are coming in and I never take it because I wanted to sell the business. If you are willing to invest another 20k, I can help you to increase your fleet of 2 vans to 5 vans in 2 months. With 5 vans, monthly profit will be more than 10k.
Expansion Potential
Full support for 1-2 months
Support and Training
Yes, seller financing is available.
A down payment of 100k and then followed by monthly installments that both parties are comfortable with
Seller Financing
Singapore