Profitable Ship Repairing Company for Sale in Singapore
Marine management, spare parts technical procurement & operations.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.93 million |
| Run Rate Sales | USD 280 thousand |
| EBITDA Margin | 20 % |
| Industries | Ship Repairing |
| Locations | Singapore |
| Local Time | 4:41 PM Asia / Jakarta |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.93 million
(Native Currency: SGD 2,500,000)
Reason: The promoter plans to retire and hence wishes to sell the business. Valuation is based on the asset ...
View More
Includes physical assets worth
USD
1.54 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Singapore ACRA info
(214.2 KB)
Business Overview
- 40+ years experience.
- Shipbuilding, repair and maintenance company that has been operational for 40 years. Indonesian subsidiary, dormant with assets for 2+ years.
- Indonesian company eligible for foreigner KITAS / IMTA (work permit).
- This is a perfect opportunity for oil & gas startup operator in need of foreigner permit.
- We carry out 3-4 ship repairs a month depending on the size of the project.
- New shipbuilding projects are occasional. Most of the revenue is from repair and maintenance.
- Company owns a 4-floor property with office space, a small workshop and bedrooms.
- Physical assets include land & building.
- The business is headquartered in Singapore and the employees of the business are in Singapore itself. The promotor monitors the business from Indonesia.
- Shipbuilding, repair and maintenance company that has been operational for 40 years. Indonesian subsidiary, dormant with assets for 2+ years.
- Indonesian company eligible for foreigner KITAS / IMTA (work permit).
- This is a perfect opportunity for oil & gas startup operator in need of foreigner permit.
- We carry out 3-4 ship repairs a month depending on the size of the project.
- New shipbuilding projects are occasional. Most of the revenue is from repair and maintenance.
- Company owns a 4-floor property with office space, a small workshop and bedrooms.
- Physical assets include land & building.
- The business is headquartered in Singapore and the employees of the business are in Singapore itself. The promotor monitors the business from Indonesia.
Products & Services Overview
Shipmanagement, shipbuilding, ship repair & maintenance services. Singapore based with wholly owned assets in Indonesia.
Assets Overview
Office / residential property in Batam, Indonesia.
Facilities Overview
Company-owned 800+ square meters 4 FLOOR, 4 bedroom residential cum office building.
Capitalization Overview
The company's operations have been profitable every year since inception - thus has so far not needed for extenal funding.
Recent Activity
-
Earlier than 15 daysDirector, IT Consulting, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector - Strategy & Operation, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysCOO, Iron Foundry, Kolkata, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
32 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
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.
You might also be interested in these businesses