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The Leading Company in Automotive Electronic Products

S$500,000

Enquiry

Call now for discussions

+65 6356 9138

Description

Founded in Singapore in 2006 by 2 partners, we started as an electronic online trading company focusing on the Asian market.

We since have evolved to become the fastest growing leader in providing GPS/Fleet Management Solutions and Car Eye Witness Cameras.

Today we make products that drive modern transportation, logistics and productivity efficiency, covering a wide distribution channel along with thousands of consumer goods.

Staffed with 20 skilled work force across 4 offices [Singapore, KL, Johor and Hong Kong], our products are being carried in more than 200 high-traffic, well-known retail outlets.

To bring our company to the next level, we need to synergize with a new equity partner who can bring financial, as well as other added-value skills/connection to the company.

We are requesting a funding of $500,000 for 50% shares.

Call Now for full presentation of our company valuation, find out who we are and what we have planned for the future of the business.

Price

S$ 500,000 for 50% shares

Location

Central

Revenue

$ 2,000,000

Net Profit

10%

Company Type

Private Limited

GST Registered

Yes

Years In Business

10

Why Did We Set Up

We are an expert in product development at cheap prices

Owners Role

Managing

Owners Background

Business person

Our Achievement

More than 200 distribution points, brand recognition

Our Customer

Everybody who travels or owns cars, logistic and automotive companies

Our Competitor

Several

Manager

1

Full-Time

20

Part-Time

0

Premise Size

2000sf

Lease Term

3 years

Rental

S$5,000

Trading Hours

9am-6pm

Relocatable

Yes

Reasons For Selling

Business Expansion

Cash For Expansion

$500,000

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Owners continue to manage

Expansion Potential

Yes