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Ship Repairing Company for Sale in Singapore

For Sale: 35 year old ISO certified company providing ship repair and other ancillary services.
This transaction has concluded.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 900 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 5 %
Industries Ship Repairing
Locations Singapore
Local Time 8:20 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: SGD 800,000)
Reason: Owner is retiring. Company has developed a strong client base and brand reputation and has the poten... View More
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Documents
Profile
Business Overview

- We are a 35 year old company that provides ship repair services as well as related services such as supply and modification of parts.

- We have completed repairs for more than 40 bunkering vessels.

- Company's clients include both government bodies as well as private regional shipping including PSA Marine, Sino International Shipping and Glow Marine.

- Our company is ISO 9001:2015 and ISO 14001:2015 certified.

- We also have OHSAS 18001:2017 certification and maintain strict quality and safety standards.

- Have been licensed by Port of Singapore Authority to carry out repairs including working at wharfs and terminals as mechanical contractors.

- Registered with the Building and Construction Authority as a mechanical contractor under the registration head ME11 - Grade 1, able to perform all types of mechanical works.

- Company has attained BizSafe Level 2 certification for Risk Management, BizSafe Level 3 certification and BizSafe Level Star certification.

Products & Services Overview

- Repair, overhaul, and refurbishment of Caterpillar, Cummins, Deutz, Detroit Diesel, Yanmar, MAN and Niigata medium and high-speed diesel engines.

- Supply of genuine and OEM spares for Caterpillar, Cummins, Yanmar, Detroit Diesel marine engines on an ad hoc basis.

- Repair and overhaul of Twin Disc, Nico, Hytek hydraulic clutches, and transmission gears.

- Repair and overhaul of the engine room and deck machinery, pumps, air compressors, windlass.

- Workshop fabrication, reconditioning, restoration of machinery components to maker’s standard.

- Repairs, modification, and installation of electrical equipment.

- Repair and rewinding of electric motors and alternators.

Assets Overview

Buyer would receive the entire running business, clientele, machines and equipment. They can also make use of an experienced and competent team of personnel specializing in overhaul, repairs, and maintenance of ship engines and equipment.

Facilities Overview

Fully equipped leased workshop facility capable of testing diesel engines, hydraulic machinery, pumps, and motors.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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