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Profitable Ship Repairing Company for Sale in Singapore

Marine management, spare parts technical procurement & operations.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 1.8 million
Run Rate Sales USD 260 thousand
EBITDA Margin 20 %
Industries Ship Repairing
Locations Singapore
Local Time 11:05 PM Asia / Jakarta
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.8 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 1.5 million
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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.

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
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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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