Car Dealers Company Investment Opportunity in Singapore

- Business involved in multiple aspects of the automotive retail industry like buying, selling, consignment, repairs, servicing, and spray paint.

- The bulk of the revenue comes from consignments, buying and selling of cars.

- This is a high value business and we are able to operate at the current revenue levels with just 15 full-time employees.

- Commission on the sale can be anywhere between SGD 500 to SGD 30,000.

- Established business with a customer base built over the last 12 years.

Well-known for continental cars, we specialize in Porsche.

Our top selling service is the buying and selling of cars, and consignment selling of cars.

- Tangible assets include freehold b1 industrial property of 3,000 sq. ft worth SGD 2.7 million.

Other tangible assets worth SGD 800 thousand are:

- Multiple cars (10-20) in stock.

- Full range of workshop equipment.

- Full equipment including an oven for the paint shop.

- The total value of these assets is SGD 3.5 million but the company valuation takes into account SGD 1.7 million mortgages as well.

Workshop and offices are in a 3,000 sq. ft freehold property on the New Industrial Road. The property has great frontage and it is the first unit facing the.

Main road. We just got the URE approval for F&B and we will soon open a cafe on location.

- The company has a mortgage of SGD 1.7 million for its freehold land worth SGD 2.7 million.

- 100% owned by one single owner.