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Auto Repair and Service Company for Sale in Singapore

For Sale: One-stop automotive workshop in Singapore equipped to work on EV vehicles.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 130 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin Operating at loss
Industries Auto Repair and Service
Locations Singapore
Local Time 9:38 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 200 thousand (Native Currency: SGD 260,000)
Reason: - Not enough capital to see through the business growth and expansion sustainability. Needs at least... View More
Includes physical assets worth USD 200 thousand
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ARCA Certificate
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.

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
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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