Singapore

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Listing Id: 29114 Last Refreshed: 31/08/2023 Total Views: 1334

Profitable And Growing Business With No Financial Liabilities

Central AreaBuilding and ConstructionService
Asking Price: S$2,500,000(Neg.)
  • Premise Type Office Building Premise Size 161 sqft / 15 sqm
  • Monthly Rental S$525 Rental Desposit S$1,050***
  • Revenue N/A Liability N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A FFE N/A
  • Payable N/A Receivable N/A
  • Owner Role Full Time Staff 5
  • Established 2020 Source Direct Seller
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
  • ***Not inlcude in the selling price
Kumar

Call Owner

Email Owner

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  • Reason For Sale
  • Description
  • Business Operation
  • Property Information
  • Premium Buyer

Reason For Sale

Owner's Discretion

Description

Started in 2020 and headquartered in Singapore, we are the leading defects inspection company for Singapore homeowners to find solutions and the right inspection team for their homes. The company enjoys partnerships with top interior and renovation platforms, housing agents, and main contractors. Our success can be gauged by its strong market reputation, with its recent partnership with Qanvast SG with over 70K Monthly Social Media Post Engagements and 7K Instagram followers.
Making positive cash flow within 2 years of kicking off the company, we average monthly net profits at 5 figures. Fully owned with no external financial liabilities since incorporation, the business is functioning as a well-oiled machine from sales leads conversions to manpower deployment. An average of 130 new sales clocked a month with the expectation to increase to 200 by the end of the month. 

Corporate Business Contracts are in discussion.
Highlights: Positive cash flow with monthly net profit at 5 figures. Fully owned with no external financial liabilities. 130 sales clocked per month. Extensive opportunities to expand business vertically and/or horizontally. The selling price is starting from.

Business Operation

No fixed assets are required for this business.
Facilities
Being a niche industry, there are only 3 primary competitors for this business. Other competitors include freelancers or students with insufficient experience and knowledge of this industry, Based on our current record of sales, we are market leaders. Being an unregulated industry, we are ready and will be at the forefront of any regulatory changes and requirements made in the future.
Competition
Huge potential to expand as clientele are new homeowners. After the homeowner, we are the first contractor to access the unit. Expansion services can include renovation, maintenance services and etc.
Expansion Potential
Support and Training will be provided
Support and Training
Construction or Renovation
Background & Skills
Yes, seller financing is available.
Financing

Property Information

Premise is not required but is currently used for the admin/sales personnel only. If required this role can work from home.
Premises Details
Yes, it can relocate to other place
Relocatable
Yes, it can work at home
Home Base

Premium Buyer

Email Owner
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