7.9 / 10
Singapore

Marine management, spare parts technical procurement & operations.

Key Business Facts
Yearly Sales USD 270 thousand
EBIDTA Margin 20 %
Industries Ship Repairing
Locations Singapore
Business Overview
- 40+ years experience.
- Shipbuilding, repair and maintenance company that has been operational for 40 years. Indonesian subsidiary, dormant with assets for 2+ years.
- Indonesian company eligible for foreigner KITAS / IMTA (work permit).
- This is a perfect opportunity for oil & gas startup operator in need of foreigner permit.
- We carry out 3-4 ship repairs a month depending on the size of the project.
- New shipbuilding projects are occasional. Most of the revenue is from repair and maintenance.
- Company owns a 4-floor property with office space, a small workshop and bedrooms.
- Physical assets include land & building.
- The business is headquartered in Singapore and the employees of the business are in Singapore itself. The promotor monitors the business from Indonesia.
Products & Services Overview
Shipmanagement, shipbuilding, ship repair & maintenance services. Singapore based with wholly owned assets in Indonesia.
Capitalization Overview
The company's operations have been profitable every year since inception - thus has so far not needed for extenal funding.
Assets Overview
Office / residential property in Batam, Indonesia.
Full Sale
Asking Price: USD 1.8 million (Native Currency: SGD 2,500,000)
Reason: The promoter plans to retire and hence wishes to sell the business. Valuation is based on the asset ... View More
Includes physical assets worth USD 1.5 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business