United States

Sell a Business

Listing ID: 581 Last Refreshed: 25/04/2019 Total Views: 12483

27 Years Successfully Established Plastic Industry Business For Sale

Singapore

Asking Price: S$3,900,000
  • Premise Type N/A Premise Size 40000sqft
  • Monthly Rental S$0 Rental Desposit N/A
  • Revenue N/A Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established 1986
  • Owner Role Full Time Staff 70
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
CHERIE YAU
Email Owner

Reason For Sale

Owner's retirement planning, looking for strong successor to further grow the business.

Description

The principal activity of the Company is manufacturing of plastic hose and other related products.

Business Operation

24
Business Hour
FULL ASSSETS LIST ON FILE . ALL ARE WELL MAINTAINED As at 30 June 2013: Motor vehicles net book value RM18,064 and machinery net book value RM168,185
Facilities
There are 4 to 5 manufacturers making similar range of products, but the overlapping is only in around 20% to 30% products due to each manufacturer has its own product mix.
Competition
There are opportunities in export market like SEA and other 1st world countries if the price remains stable. There is also potential to transform the business in this new ERA. The business has won many awards for excellence performance, strong technical knowledge in their products, strong government support such as National Productivity
Expansion Potential
YES. CURRENT OWNER WISH TO WORK WITH THE COMPANY AND CONTINUE ASSISTING THE COMPANY TO GROW
Supporting and Training

Property Information

LAND ON LEASE TILL 2085
Lease Term
The land is around 0.65 acres while the two floor building has more than 40000 sq ft of space.
Premises Details
Email Owner
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