Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Revenue (FY2025E): SGD $11.1 mil
Gross Profit (FY2025E): SGD $4 mil
EBIT (FY2025E): SGD $500k
Seller Discretionary Earnings (FY2025E): SGD $1.5 mil
Indicative Price: SGD $5.6 mil
Location of Business: Singapore
Reason for Selling: Founder looking to cash out.
A Singapore-based premium ergonomic workspace solutions provider and authorized brand distributor is available for acquisition as the founders seeking to cash out. The business serves a high-quality B2B client base (including SMEs and international MNCs) through exclusive or preferred relationships with leading global principals, complemented by own-brand products and value-added services. With a consistent revenue run-rate of ~SGD $10–11 million and gross profit of ~SGD $4 million, it benefits from >95% B2B revenue, very low staff turnover, and a dedicated showroom.
Singapore’s premium ergonomic and workspace solutions sector remains resilient, driven by persistent hybrid work trends, rising demand for wellness-oriented office setups (sit-stand desks, acoustic pods, ergonomic seating), sustainability mandates, and continued influx of multinational regional headquarters. Singapore’s position as Asia Pacific’s leading corporate HQ destination fuels premium commercial fit-outs and office expansions, supporting stable-to-growing demand for high-end, service-differentiated workspace providers.
Future growth opportunities
1. Scale recurring revenue through a leasing/ subscription model (currently in launch phase with a principal).
2. Deepen penetration with anchor corporate clients and design/ consultant networks to increase tender/ direct wins.
3. Accelerate own-brand and sustainable product lines to reduce import dependency and improve margins.
4. Expand digital/ e-commerce capabilities to meet rising online demand for ergonomic solutions.
5. Leverage existing MNC relationships for larger-scale fit-out projects and potential regional expansion.
6. Increase service-led revenue (workspace design and consulting) to improve overall margin mix.
What makes this a good opportunity?
1. Clean balance sheet with strong cash conversion.
2. High-quality, diversified B2B client base with repeat business and referral strength.
3. Long-tenure principal relationships (sole distributorships, first-in-region status, backend/logistics support) that enhance fulfillment and reduce channel risk.
4. Lean, low-turnover team with key personnel committed long-term.
5. Proven margin improvement through project mix and in-house capabilities.
6. Current constraints (working capital for growth, digital maturity) are straightforward to address post-acquisition.
The founder is willing to stay on for 3 to 5 years to assist with the transition. This presents a compelling opportunity to acquire a profitable, well-positioned player in Singapore’s growing premium workspace solutions market.
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