Singapore Overview
Financial Performance
Business Operations & Assets
The business operates from leased industrial premises with a well-equipped production floor, office, and storage space.
- Approximate size: 2,500 sq. ft
- Ramp Up Facilities: Airconditioned office and production area
- The location offers easy access to major business and transport hubs.
Business Details
Reason For Sale
Description
Key highlights of this acquisition include:
- **Tier-1 Customer Approvals:**
The company enjoys pre-qualified, active vendor status with leading global offshore drilling contractors,. This established placement on their Approved Vendor Lists (AVL) offers significant competitive advantages and immediate market access.
- **Regulatory Barriers to Entry:**
With fully active API licensure and ISO compliance already in place, the acquisition allows for immediate operational capabilities, eliminating the lengthy qualification and audit processes typically required for new vendors.
- **High-Liquidity Asset Base:**
The facility is equipped with industry-standard machinery, including Haas CNC Turning and Milling centers, as well as complete precision tooling and testing apparatus, ensuring operational efficiency and effectiveness.
- **Zero Liability Balance Sheet:**
The business maintains a clean financial structure, free from bank loans or long-term liabilities, providing a solid foundation for future growth.
- **Operational Flexibility:** Currently operating from a leased 2,500 sqft facility with a highly flexible annual lease renewal structure, this setup minimizes long-term commitments and allows the new owner to relocate the machinery if desired.
The business is offered as a 100% Share Sale, ensuring the continuity of the legal entity, preservation of active licenses, and seamless transfer of all customer AVL codes. The current owner is committed to providing a structured transition and handover period to ensure ongoing operational success.
The selling price is set at S$750,000 and is negotiable.
The reason for sale is retirement, and the owner is looking for a takeover by a serious buyer.
Interested Party to contact Seller via WHATS APP @ 89806371
Buyer Support & Terms
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