Auto Repair and Service Company for Sale in Singapore
For Sale: One-stop automotive workshop in Singapore equipped to work on EV vehicles.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 123 thousand |
| Run Rate Sales | USD 176 thousand |
| EBITDA Margin | Operating at loss |
| Industries | Auto Repair and Service |
| Locations | Singapore |
| Local Time | 10:16 AM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
190 thousand
(Native Currency: SGD 260,000)
Reason: - Not enough capital to see through the business growth and expansion sustainability. Needs at least...
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Includes physical assets worth
USD
190 thousand
Interested to connect with advisors
Documents
ARCA Certificate
(213.2 KB)
Business Overview
- Auto service and repair workshop with 2 branches in Singapore.
- On average, we do 119 transactions monthly from both shops.
- Have secured next year's contract for change of OBU worth SGD 200k value.
- Shop is also equipped to work on any type of EV vehicle.
- Business was recently started and there was a restructuring so haven't made any profit yet.
- Pending insurance company authorized panel bidding tender result.
- Plans for expansion into new business projects for importing vintage & Parallel Import cars.
- We are in the process to launch a new project on warranty for engine overhaul and gearbox overhaul following Lemon law for 2nd hand car dealers.
- Company has 2 partners. One of the partners is holding 13% of the shares but not contributing to the operations of the business.
- Looking at full sales of business or an investing partner.
- The company has no liability.
- On average, we do 119 transactions monthly from both shops.
- Have secured next year's contract for change of OBU worth SGD 200k value.
- Shop is also equipped to work on any type of EV vehicle.
- Business was recently started and there was a restructuring so haven't made any profit yet.
- Pending insurance company authorized panel bidding tender result.
- Plans for expansion into new business projects for importing vintage & Parallel Import cars.
- We are in the process to launch a new project on warranty for engine overhaul and gearbox overhaul following Lemon law for 2nd hand car dealers.
- Company has 2 partners. One of the partners is holding 13% of the shares but not contributing to the operations of the business.
- Looking at full sales of business or an investing partner.
- The company has no liability.
Products & Services Overview
- Servicing & maintenance of cars, and vans.- Major panel repair for damaged vehicles.
- Spray painting services for all vehicle types.
- Advanced Driver Assistance Systems (ADAS) and complete related equipment services.
Assets Overview
- Fully equipped workshop with a fully furnished office.- Business project clinch deals will be handover to the new owner.
- Include all balance inventory.
- Refundable Rental deposit of 3 months worth $29,726.70.
- For full buy-over, outstanding creditors will be cleared by the owner upon handing the company to the new owner.
Facilities Overview
Have 2 units of 2,088 sq ft each on a lease of SGD 9,908.90. (2 years more and 2 year extendable)
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysFounder & CEO, AI, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Building Material, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Family Office, Singapore, Corporate Investor / Buyer connected with the Business
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