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Private Bus Company

S$600,000

Enquiry

Call now for discussions

+65 6356 9138

Description

We provide transport service to fetch students and office workers to schools, offices and homes. Students include pupils from primary schools, kindergarten and childcare centre. We have been running this profitable business for more than 10 years. With our experience and reputation, we managed to stamp our name and consolidate our rides on the northern part of Singapore. This is cost effective and raised our profit margin. The sale includes 8 buses (fully paid and we can provide the list of vehicles upon request), 6 buses are CB plate (no need to renew COE, no more issueing of such plates by the authorities) and 2 are PA plate. We are selling the company at book value with some goodwill.

Price

S$600,000

Location

Yishun

Revenue

S$600,000

Net Profit

S$60,000

Company Type

Sole Proprietor

GST Registered

No

Years In Business

Since 2005

Why Did We Set Up

Great demand

Owners Role

Managing

Owners Background

Businessperson

Our Achievement

Children love us

Our Customer

Children and office workers

Our Competitor

Few

Manager

1

Full-Time

15; 9 drivers & 6 bus attendants

Part-Time

0

Premise Size

No office

Lease Term

Nil

Rental

Nil

Trading Hours

Mon – Fri; 6am-9am, 5pm-7pm

Relocatable

Yes

Reasons For Selling

Retire

Cash For Expansion

Minimal

Back Up Cash

Minimal

Staff Staying

Yes

Training By Owner

Yes

Expansion Potential

Yes