Russia Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Company A: Air Conditioning Services Provider
Overview
Company A is a leading specialist in air conditioning installation, maintenance, and cleaning services, catering to both residential and commercial clients. With a focus on high-quality service and customer satisfaction, the company ensures optimal performance and longevity of air conditioning units through advanced cleaning and maintenance techniques.
Services Offered
- One-Time General Aircon Servicing
- Yearly Contract Aircon Maintenance
- Chemical Wash and Overhaul
- Steam Cleaning Services
- Troubleshooting & Parts Replacement
Company B: Professional Moving & Logistics Services Overview
Company B is a trusted provider of relocation and logistics services, offering tailored solutions for residential, commercial, and specialized moving needs. With a strong reputation for efficiency and care, the company ensures a stress-free moving experience for individuals and businesses alike.
Services Offered
- Residential Moving
- Commercial Moving
- Specialist Moving
- Warehousing & Logistics Services
Ownership & Transition
The current owner is looking to retire, approaching 60 years old, with a father in his 90s. Willing to stay for at least three months after completion for a smooth handover.
Fleet Management
All lorries are rented under 2-year contracts with varying terms. Fleet consists of 7 lorries and 3 vans.
Manpower & Quota Contributions
Total number of employees: 27.
The moving company employs 23 workers, while the aircon company has 4 employees.
22 foreign workers, mostly from India and Bangladesh, with an average tenure of 5-6 years and aged between 32-40.
5 Singaporeans/PRs are employed, including two directors.
Financial Considerations
No business loans associated with the company.
Dormitory costs for 16 beds at $600 per head are included under manpower costs. Marketing expenses range between $1,000 and $2,000 monthly.
Revenue for the moving company is projected to increase in 2024, while the aircon company sees a slight decline, with a primary business focus on moving services.
Customer Breakdown
90% of the customer base is B2C, while 10% is B2B.
Business Continuity
The company has potential employees capable of running the business post-transition.
Looking at 4X EBIDTA
For further inquiries or to express your interest, please contact us at 9721 8288 or via WhatsApp at https://wa.me/6597218288.
For additional listings, visit our website at https://www.bivety.co/.
AI Business Analysis
Get AI-assisted insights into this business’s strengths, risks, key questions, and due diligence points.
Understand this opportunity more quickly
Review the key strengths, financial considerations, risks and due diligence points identified from the listing.
Submit Enquiry
Introduce yourself and explain what you would like to know about this opportunity.
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams