Office Space for Sale in Singapore
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 296 thousand |
Run Rate Sales | USD 370 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Professional Services + 1 more |
Locations | Singapore |
Local Time | 12:10 AM Asia / Singapore |
Listed By | Advisor / Business Broker |
Status | Active |
Company highlights:
- Established track record: Operating for 8 years, with over 7 years of proven performance in Singapore.
- Business model: Generates recurring subscription revenue through virtual office services.
- Clientele: Serves over 2,000 active clients.
- Financial performance: Revenue has grown and is projected to continue growing at a 22% CAGR over the last 4 financial years, with profits expected to grow at a 27% CAGR during the same period. The business operates debt-free.
- Search prominence: Consistently ranks on Google’s first page for targeted keywords.
Market overview & trends:
- Booming demand: Demand is driven by businesses downsizing or going fully remote, along with startups and entrepreneurs seeking cost-effective, professional business addresses.
- Market segments: Services range from low-tier (SGD 50–80/year) basic mail services at non-premium addresses (e. g. , GAIA), to high-tier (SGD 800-1,500/year) premium serviced offices (e. g. , Regus and ServCorp).
- Competitive positioning: The company operates in the mid-tier segment, offering flexibility to a wide customer base and holds strong potential to expand into lower-tier markets and increase market share.
Competitive advantages:
- Market consolidation: As the industry matures, smaller providers are expected to exit, allowing established players to capture greater market share and enhance pricing power.
Expansion potential:
- Digital mailbox revolution: Significant opportunity to scale via digitized services, with successful global comparable:
- iPostal1 (USD 5.1M revenue): A pioneer in digital mailboxes and an existing partner.
- Anytime mailbox (USD 18.1M revenue): A leader in cloud-based mail virtualization platforms.
- Asia-pacific rollout: Strong potential to replicate digital mailbox offerings across the region by leveraging the existing client database and overseas partnerships.
- Untapped opportunities: The company has explored digital expansion but not yet executed, presenting a clear opportunity for investors to unlock significant value.
- The business engages 4 to 5 temporary employees on a need basis to support ongoing operations.
- Duly registered, and no industry-specific licenses are required to operate.
- Its subscription-based offerings include mail handling, business address registration, and virtual reception services, catering to a mid-tier market segment.
- Clients use these services to establish a credible business presence, especially as many adopt fully remote or downsized operations.
Intangible assets include IPs, domain, customers base & business registrations/licenses.
- Streamlined operations managed by a lean team, ensuring efficiency and low overheads.
- Committed lease secured at an affordable rate with 3 years remaining, providing operational stability and cost control.
No outstanding loans.
There are 4 shareholders in the business.
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1 week, 5 days agoDirector, Web Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Human Resource Management Consultancy, Singapore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAnalyst, Financial Services, Singapore, Individual Investor / Buyer connected with the Business