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Profitable Auto Service Business To Takeover

Sale include Offices Estate 

Sale Include two offices, two Auto Servicing Workshops, Warehouses, Intellectual assets such as authorize vehicle accident claim centre, OEM distribution of auto parts, business knowhow, skill resources, etc.

 and two similar size auto workshops

Company Profile:

Well-established, lucrative and profitable One-Stop Auto-Servicing Business with more than 10-year in business records.

· An authorised and certified vehicle accident insurance claim centre. 

· OEM supplier of auto vehicle parts 

· Good credit with suppliers and clients. 

· Business base on cash transaction 

· Great potential of expansion 

· Owner plans to retire early 

· Selling with real estate and intellectual assets 

· Well established regular client base 

· Contact (65) 98194168 for more information and discussion 

 

Meeting Area

Meeting Area

 

Business For Sale:

· Assets for sale include two units of real estate factories worth S$2.4m. Each factory comes with its own office and warehouse. 

· Existing regular clienteles 

· Intellectual assets such as authorised insurance claim workshop for accident vehicle and authorised auto parts OEMs. 

· Fully equipped workshops (include panel beating and spray painting). 

· Readily available manpower resource with necessary skills for auto services. (In Singapore, getting work permit for manpower resource is a complex and tedious process that needs to comply with multiple rules).

Pantry Area

Pantry Area

 

Value of Business:

Located in Enterprise Hub at the Toh Guan industrial estate in Jurong East; and just on the outskirts of Jurong Lake District. Jurong estate has the highest population in Singapore. This is where the bulk of the clients are from.

Key Points are:

· Strategic Location at the fringes of Jurong Gateway Development

· Easily accessible via Pan Island Expressway and Ayer Rajah Expressway

· Convenient public transport network

· Available parking spaces in front of workshop for vehicle holding and staging areas

Workshop Front

Workshop Frontage

 

Business Transaction:

· Asking Price: $4M (Two factories, two offices and warehouse/storeroom, Furniture / Fixtures and Inventories / machineries, equipment, tools / Stock / Intellectual assets and know how, clienteles, etc. included)

·       Annual Sales Revenue: $700K - $1.4M

 

Summary:

·         Real Estate: Two factories cum offices, balance about 41 years lease

· Location: West of Singapore, Enterprise Hub at Toh Guan industrial estate

·         Price:                        S$ 4,000,000 (negotiable)

 · Contract type: For Sale 

 · Trade type: Auto Servicing 

 

The Company:

Company has more than 10 years history in Auto Services and is an authorised and certified vehicle accident insurance claim centre; and also OEM for some auto parts supplies.

There are 2 partners and about 25 staff and skill mechanics in the Company. Staff has been with the Company for a long time, some even up to 10 years.

The Company has regular clients and major corporate customers.

Revenue hits S$1.4 Mil in certain years with Nett Profit of more than S$300K.

Company business is expected to be good as vehicle population in Singapore increases and business activities in and around the workshop facilities increases due to the maturity of the development of Jurong Lake District.

The principal shareholder is in the 70s and wants to retire. Asking price is S$4 Mil.

Entrance to the Workshop

Entrance to the workshop

Registration Of Interest 

 

 

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