Description
The Company, founded in 1990s, is a long-established provider of civil engineering and waterproofing solutions in Singapore. Over nearly three decades, it has built a strong reputation for quality, reliability, and technical expertise, servicing both private and public sector projects.
The business has become a trusted name in the industry for delivering high-quality waterproofing and engineering works. This memorandum presents a unique opportunity to acquire a profitable, well-regarded business with a solid foundation and clear potential for further growth.
*Business Overview
-Industry: Construction of Other Civil Engineering Projects (SSIC 4290)
-Core Services: Waterproofing systems, sealant works, and specialist engineering solutions for residential, commercial, and infrastructure projects.
-Reputation: Known for high standards, timely project delivery, and compliance with industry safety and quality requirements.
*Reason for Sale
-The shareholder is seeking retirement. The sale is motivated by succession planning and is not due to operational or financial distress. The business is offered as a going concern with a strong foundation for continued growth.
*Market & Industry Overview
-The Singapore construction and infrastructure sector remains robust, driven by:
-Ongoing government investment in public infrastructure projects.
-Maintenance, retrofitting, and upgrading of existing building stock.
-Growing demand for sustainable, long-lasting waterproofing and engineering solutions.
-With Singapore’s continued focus on urban renewal and infrastructure resilience, the Company is well-positioned to capture further market share.
*Financial Information (Summary)
FY2024
-Revenue: SGD 2,909,921
-Pre-tax Income: (SGD 57,236)
-Officer Compensation (Director Fee): SGD 264,000
-Normalised Profit (adjusted for officer compensation): SGD 206,764
-Cash: SGD 293,241
-Accounts Receivable: SGD 624,054
-Inventory: SGD 178,874
*Assets Included in the Sale
-Business goodwill, brand, and customer relationships.
-Operational equipment, tools, and inventory.
-Existing contracts and work-in-progress.
-Domain name and associated intellectual property.
*Lease or Property Information
The business operates from two JTC-leased units in Singapore, totalling approximately 150 sqm, with competitive rental terms.
*Employees & Organizational Structure
2 Directors
1 Administrative Executive
2 Operations Managers/Supervisors
4 Sales Engineers
30 Technical/Labour Staff
*Customer & Supplier Details
Customers: Mix of government agencies, private developers, and general contractors. The business has long-standing relationships and repeat contracts, with no over-reliance on a single customer.
Suppliers: Established partnerships with leading suppliers of waterproofing systems, sealants, and engineering materials.
*Owner’s Role & Handover Support
The owner oversees strategic management, financial oversight, and select key client relationships. Post-sale, the owner is willing to provide structured handover support for 6–12 months to ensure a smooth transition and to transfer relationships with key clients and suppliers.
*Sale Terms & Asking Price
The owners welcome serious offers, inviting buyers to assess value based on performance, brand strength, and growth potential.
Deal Structure: Flexible; open to either asset sale or equity transfer, subject to negotiation.
All expressions of interest will be carefully reviewed to ensure alignment with the business’s long-term vision and sustainability.
Disclaimer
This memorandum has been prepared for informational purposes only and does not constitute an offer to sell or solicitation to buy securities. All information is believed to be accurate but is not warranted. Prospective purchasers should conduct their own due diligence and seek independent professional advice before making any commitments.
Singapore 
