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Crawler Cranes Rental and Maintenance Business

S$2,000,000

Enquiry

Call now for discussions

+65 6356 9138

Description

This is a 3.5 years old Crane-Renting business with an asset value of $5,000,000, and is fully certified by the Ministry of Manpower as an approved crane contractor (Cat 1 & Cat 2 licences). We are a one-stop solution for: **Mobilization and demobilization of crawler cranes, **Rental of Crawler Cranes, with a fleet of around 55 of 150 tons cranes, **Rental of Heavy Haulage Equipment such as trailers, prime movers, low beds and lorry cranes, **Full Maintenance Service of all Cranes and Equipment **Supply of a wide range of spare parts such as Crawler parts, Engine parts, Undercarriage parts, etc. As part of our business expansion, we are looking for a suitable investor to purchase 50% of the company shares for $2,000,000. We take pride in our work, have a good team who are well trained and experienced, and our founders have over 30 years of experience in Crawler Crane repair. We are simply one of the best in the industry.

Price

S$2,000,000

Location

Jurong

Revenue

S$2,000,000

Net Profit

S$200,000

Company Type

Private Limited

GST Registered

Yes

Years In Business

Since 2011

Why Did We Set Up

Constant Construction in Singapore. Cranes are in high demand

Owners Role

Managing

Owners Background

Owners have been in the crane business for 30 years

Our Achievement

Featured in the newspaper

Our Customer

LTA, SMRT, SML, etc

Our Competitor

A few

Manager

2

Full-Time

16, mostly crane operators

Part-Time

0

Premise Size

1000 sf

Lease Term

2 + 2 years

Rental

S$2,500

Trading Hours

9am - 6pm

Relocatable

Yes

Reasons For Selling

Looking for investor to expand the business

Cash For Expansion

S$1M, for the trading of cranes

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes