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Listing Id: 15167 Last Refreshed: 09/10/2019 22648 Views

"SOLD" - Profitable Electrical Appliances firm For Sale 97498301

Closed
Asking Price <span class='currency'>S$</span>650,000
This business has been Sold

This listing is no longer accepting enquiries. Browse similar businesses currently available for sale.

Overview

Financial Performance

Annual Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
Full Time
Premise Status
Rent

Business Details

Reason For Sale

Owner is retiring

Description

- Heritage firm as it has been in operation for closed to 30 years

- Profitable with above $1 mil yearly gross turnover 

- Double digit net profit margin

- Holding distribution rights/sole agent/authorised dealer for well-known electrical brands and OEMs for several popular electrical consumer and marine products

- Built good relationship and have many long term loyal corporate customers

- Experienced and loyal staff

- Sell with naming rights, inventories, customers data base etc

- Operator is retiring and prepared to transfer the business know-how to the new buyer

- Asking takeover fee nego (include inventories of about $650k and No Liabilities)


Interested please contact 97498301

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