This is a profitable warehouse storage business located in Singapore and available for takeover. Due to the owner's advanced age, he is looking to exit from this business and looking for someone to take over. He is willing to stay on for up to 1 year to assist with the transition.
Year of Inception: 2007
Annual Revenue: SGD $2.1 million
Seller's Discretionary Earnings: SGD $590k
Asking Price: SGD $2.7 million
Reason for selling: Owner is looking to retire
Seller Financing: No
Fey Day presents a profitable warehouse storage business, it is simple to operate and highly scalable. It caters to both B2B and B2C segment, with consumer segment being the key contributor.
Customers are attracted to their offering (item storage & retrieval) due to competitive pricing and accessibility (Multiple locations around Singapore). They presently have 1,300 paying customers, with an existing database of 12,000 customers. (Mainly B2C)
What to love about this business?
1. Strong cashflow business
2. 28% EBIT margin
3. Simple to operate business
4. Highly scalable
5. Low Employee Turnover rate
6. Financially healthy company with no liability
7. Plenty of room for revenue and profit growth
To learn more about this business, please visit: https://www.feyday.com/businessforsale/profitable-and-scalable-warehousing-business-for-sale
You can visit our website: www.feyday.com
Macgyver Ng Teow Poh
EA License No: 23C1562
Registration ID : R1113526
