Korea

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Listing Id: 23532 Last Refreshed: 22/08/2022 Total Views: 6063

Profitable Building Materials Supplier Business ! High Margin ! 90670575

TuasHardware Stores Import and Export
Asking Price: S$500K - 1M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental S$10,000
  • Rental Desposit N/A
  • 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 N/A
  • Established N/A
  • Source Broker

Reason For Sale

Migrating to overseas

Description

The Company is a Leading Supplier in building materials, hardware, and steel wire products. The Company is renowed in the industry for its efficiency, price competitiveness and reliability. Its clientele comprises both the private and public sectors.

Some of the Products supplied by the Company are :
* Anti-Climb Security Fence
* 3D Fencing
* Welded Steel Wire Mesh
* BRC Fence
* Chain Link Fence
* Galvanized Wire Mesh
* Barbed Wire
* Temporary Fence
* Razor Barbed Mesh etc

The Company workforce is very lean : x1 store and x1 admin staff. Logistics is outsourced.

Thus, the business commands high margin !

Average estimated Net Profit for the past 3 years is $320k a year (Fig is derived after subtracting Director's salary of $10k monthly)

Stock Value is estimated to be $350k to 900k range depends how much stock the new owner (buyer) requires.
For the business to be operational, estimated level of stock is $350k according to vendor.

Selliing Price of business is $800k (Goodwill) + Stock
Fyi The Company owns two industrial properties (valuations will be discussed separately).

Interested parties pls call / whatspp Vincent @ 90670575. Thanks !

https://www.bradfordlimassociates.com/


Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.



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