Electrical Equipment Business Investment Opportunities in Singapore

Electronics manufacturing business based in Singapore with 3 employees and 5 years of experience in the industry. - The owner has 20 years of experience in this industry. - Products and services include mag-press, ditch magnets, pre-cast concrete magnets, access door handling magnets (oil & gas) for fabrication in the O&G sector, and retail trade of raw magnets in Asia. - Clamping magnets, lifting magnets, and separation magnets are distributed. - Gross GP margin: 45% average, and it is growing 25% YoY, EBITDA is 30%, and the present year sales target is SGD 500k. - Served 300+ clients and added 4 new accounts per month, with 200 active clients. - Manufacturing capacity of 20-50 units/month and 6-7 active suppliers. - 70% B2B and 30% B2C distribution model. - Patent application in the works. - Hire part-time employees when full-scale operations are happening. - Business generates around 20 invoices in a month. - $0 customer acquisition cost & investing individual or company has access to customer base to promote complimentary products.