What You Are Actually Acquiring. Let's be direct about what this is. This is a 20-year-old business — not a startup, not a concept, not a projection. A proven, profitable, debt-free operation with real customers, real revenue, and real infrastructure. The numbers:
💰 SGD 650,000 in annual revenue 👥 2,500 premium customers on the books 🔧 Factory-grade Porsche PIWIS 3 diagnostics — the same system authorised dealers use, at independent pricing 📍 Two operational workshops across two jurisdictions 🏗️ Physical assets included — mezzanine floor and fully fitted office space
Already profitable on ICE and HEV. The EV capability now being added is not the foundation — it is the next floor of a building that is already standing.
✅ Zero bank loans — no debt obligations to inherit ✅ Zero accounts payable — suppliers are paid promptly, relationships are intact ✅ Zero accounts receivable — customers pay on time, no bad debt exposure ✅ Physical asset included — mezzanine floor and fitted office space
The EV Opportunity Is Real — And Still Uncrowded SINGAPORE 125,000+ vehicles (99,157 hybrids + 26,225 EVs) already on the road requiring specialist service Premium European EV brands are the fastest-growing segment Independent certified workshops capable of servicing them? You can count them on one hand Across the entire island: only 6 EV-capable workshops
JOHOR Singapore-registered EVs cross the causeway daily — Johor benefits directly from Singapore's growing EV fleet The overwhelming majority of Johor workshops have zero EV capability Across all of Johor: only 2 EV-capable workshops exist today
The gap is not closing quickly. First movers in this space will define the market.
Business Operation
NEWLY renovated with Mezzaine floor FULLY equipped with 2 x 5 Tons Hoist $15-20k Stock 3 High End Diagnostic Tools (worth $15k) 1 x Refrigant washer with sensor & screen (worth $5k) 1 x Fridge 1 x Washing cum Drying Machine 1 x Big industrial Fan 2 x small Industrial Fan Car park space available Workshop can handle 5 cars or more ( depending how you position & move the cars) at a time
Facilities
the opportunity for Service Focus on: - Life extension programs: "Keep your ICE alive till 2050" - Warranty for EV / HEV ========================================= 1. Comprehensive restoration services 2. EXTENDED WARRANTY 3. Classic car conversion specialist
Expansion Potential
Can be discuss.
Support and Training
Property Information
Rent
Premise Status
2027
Lease Term
1. Corner shop - Airy & good fengshui, good for business 2. Nice neighbors & plenty of parking space 3. Workshop is nice & clean, not clustered with engine parts & dirty
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