Singapore Overview
Financial Performance
Business Operations & Assets
2. Nice neighbors & plenty of parking space
3. Workshop is nice & clean, not clustered with engine parts & dirty
Business Details
Reason For Sale
Description
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.
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.
A Clean Balance Sheet
✓ 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 assets included — mezzanine floor and fitted office space
The EV Opportunity Is Real — And Still Uncrowded
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Singapore - CURRENT market sutiation
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• 125,000+ vehicles already on the road requiring specialist service (99,157 hybrids + 26,225 EVs)
• Premium European EV brands are the fastest-growing segment
• Independent certified workshops capable of servicing them? You can count them on one hand
• Only 6 EV-capable workshops across the entire island
Johor -CURRENT market sutiation
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• 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
• Only 2 EV-capable workshops exist across all of Johor today
The gap is not closing quickly. First movers in this space will define the market.
Facilities
2. FULLY equipped with 2 x 5 Tons Hoist
3. Inventory worth $30,000
4. High End Diagnostic Tools (worth $15k)
5. 1 x Refrigant washer with sensor & screen (worth $5k)
6. 1 x Fridge
7. 1 x Washing Machine
8. 1 x Oil Drainer
9. 1 x Aircon Refrigeration Cleaner (worth $6,000) with chemical
10. 1 x Big industrial Fan
11. 2 x small Industrial Fan
12. Office fully carpet with 4 wooden table
Workshop can handle 5 cars or more ( depending how you position & move the cars) at a time
Expansion Potential
- Life extension programs: "Keep your ICE alive till 2050"
- Warranty for EV / HEV
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1. Comprehensive restoration services
2. EXTENDED WARRANTY
3. Classic car conversion specialist
Buyer Support & Terms
Support and Training
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