Call now for discussions | +65 6356 9138 |
Description | Core business in marine fabrication and metalworks, focused on high-value fabrication in aluminium/stainless steel and other specialty metals •Major business is in support of marine seismic vessels used in oil and gas exploration •Stable customer relationships from long history of 50 years in market •Standing contract with largest customer since 2005 •Further room to grow and offer new services to customer base •Afloat repairs for current customer base •Precision machining, laser cutting •Investment in specialized welding technologies (hardbanding for oil and gas wear sleeves) –to penetrate oil and gas sector |
Price | S$1,900,000 |
Location | North |
Revenue | S$2,000,000 |
Net Profit | S$600,000 |
Company Type | Private Limited |
GST Registered | Yes |
Years In Business | Since 1965 |
Why Did We Set Up | Superb opportunity and Highly Profitable |
Owners Role | Managing |
Owners Background | Businessperson |
Our Achievement | Well known for quality and timely works |
Our Customer | Long standing |
Our Competitor | A few |
Manager | 2 |
Full-Time | 11 |
Part-Time | 0 |
Premise Size | 2000 sf |
Lease Term | 2 years |
Rental | S$8,000 |
Trading Hours | 8am - 6pm |
Relocatable | Yes |
Reasons For Selling | Retire |
Cash For Expansion | Minimal |
Back Up Cash | Minimal |
Staff Staying | Yes |
Training By Owner | Yes |
Expansion Potential | Yes |
Call +65 6356 9138
