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Moving Company for Sale in Singapore

For Sale: International relocation and moving company in Singapore receives around 80-100 monthly bookings.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.9 million
Run Rate Sales USD 3.14 million
EBITDA Margin 29 %
Industries Moving Companies
Locations Singapore
Local Time 10:18 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.87 million (Native Currency: SGD 2,500,000)
Reason: Due to personal reasons. Also open to selling the company partially, can run the business after full... View More
Includes physical assets worth USD 37 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Company specializing in offering complete national and international relocation solutions to clients.
- Our clients are mostly individual ex-pats.
- Last year, we completed services across 40 countries.
- We also offer additional settling-in services and referral partnerships as value-added services.
- Revenue from different verticals including fin-tech and credit card comparison apart from our service fee.
- In a month, we receive around 100 bookings.
- Business has no liability. Started operations in Malaysia and India in September 2022.
- The company has 2 directors with 90% and 10% shake.
- We got continuous growth every year with automatic leads from the portal.
- Our in-house system helps to close more sales together with the help of the app.
Products & Services Overview
International door-to-door relocation.
Credit card/insurance comparison platform.
Mobile app for international moving & packing.
Settling in service partnership.
Assets Overview
Intangible assets include a website, a rented warehouse at a strategic location, staff, partnerships, technology solutions, and partnerships with different vendors like FedEx, DHL, and American Express.
Tangible assets include office furniture and laptops.
Facilities Overview
10,000 sqft warehouse (rental)
2,000 sqft office space (rental).
Capitalization Overview
We are generating enough revenue and are profitable. So don't need any external funding for business growth Main stakeholder holds 90% of the stake.
Recent Activity
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Contact Business
2 Buyers contacted this Business this month. Register below to connect now!
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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