Singapore Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
1) Transportation
Breakbulk / LCL Cargo Clearance from all ports of Singapore
Prime movers / Lorry Cranes
Oversized Cargo & Police Escort
Import / Export Container Trucking
Lorry Cranes
Project Cargo
In-House Repair Workshop
2) Warehousing
Choice of covered or non-covered space
Container of stuffing / unstuffing
Rental / sale of forklift / lifting equipment
3) Trading
Sale of new and second hand lorries, trailers and tankers
Trading network extends out of Singapore to neighbouring countries, including Malaysia, Indonesia and Myanmar
Sale of SINOTRUK Prime Movers in Singapore
For over 30 years since its incorporation, the company has developed a solid reputation for delivering reliable, efficient transport and logistics solutions. Over the years, it has earned a loyal client base and an excellent standing in the industry, particularly for its expertise in handling LCL cargoes.
The current owner is retiring, making this an ideal opportunity for a smooth transition to new ownership. The business is well-positioned for continued growth and expansion, with a strong operational foundation already in place.
Asset Valuation and Price Details:
The sale includes:
Inventories, including Prime Mover, Cranes, Lorries, and Trailers, valued at around $600K.
All intangible assets inclusive of customers, suppliers, employees including drivers.
This comprehensive package offers immediate operational assets and financial strength, providing a solid foundation for new ownership to capitalize on growth opportunities in the transport and logistics industry.
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