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Profitable Electrical Services Company for Sale in Singapore

For sale: Turnkey Singapore aircon and renovation business with strong revenue, digital presence, and clientele.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 930 thousand
EBITDA Margin 30 - 40 %
Industries Interior Design & Architecture + 1 more
Locations Singapore
Local Time 10:58 AM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 233 thousand (Native Currency: SGD 300,000)
Reason: The promoter is relocating to different country and the other partner is not willing to take over th... View More
Includes physical assets worth USD 117 thousand
Interested to connect with advisors
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Business Name
Not disclosed
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Business Overview
- Turnkey business opportunity: An established and fully operational aircon and renovation business for sale in Singapore with significant revenue streams.
- Solid digital presence: The business boasts 3 mobile apps and a fully functional website, facilitating seamless customer interactions and expanding market reach.
- State-of-the-art facilities: Featuring a newly renovated factory complete with a show flat, cutting-edge equipment, and machinery, positioning the business at the forefront of the industry.
- Strong financial performance: Generating over SGD 100K in monthly revenue, with manufacturing capabilities of up to SGD 200K/month under own brand, supported by a diverse and loyal customer base.
- Diverse clientele portfolio: Catering to over 600 retail customers and more than 20 commercial clients, ensuring a solid foundation for ongoing and future growth.
- Robust revenue model: Primarily project-based, with a focus on interior renovations generating the majority of revenue with ~ 4 projects/month, supplemented by 5-6 aircon installations daily. The majority of our revenue is generated from commercial clients, reflecting strong demand in the B2B sector. The business employs 12 permanent staff members, with additional part-time employees hired on a project basis as needed.
- Compliance and certification excellence: Fully licensed, holding essential BCA license along with ISO and biz-safe start certifications, underscoring the business's commitment to quality and safety.
- Rapid growth and expansion: Significant increase in revenue and profit margins in the current financial year, driven by the successful launch of our renovation services six months ago. Previously, our focus was solely on air conditioning projects.
Products & Services Overview
Air conditioner solutions - installations, repair and maintenance, and comprehensive interior renovation services, catering primarily to commercial clients alongside a solid retail customer base. Its renovation services span end-to-end project management for residential and commercial interiors, including space planning, design consultation, carpentry, electrical and plumbing works, false ceiling installations, painting, and finishing.
Assets Overview
Tangible assets:
Factory machineries and accessories worth SGD 150,000.
Intangible assets:
- Reputed customer base 600 retail customers and 20 plus commercial customers.
- Van deposits and sales return worth SGD 12,000.
Facilities Overview
Operating on a 2-year lease at Da Jin Factory Building, Singapore, the business includes a 1,000 sq ft, two-story space comprising a factory and show flat.
Capitalization Overview
The business is funded through a mix of shareholder investment and financing, with two shareholders. Current liabilities include a SGD 150,000 bank loan.
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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