Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
-The shareholders are considering a sale primarily due to retirement.
-The sale is for the operating business only. Property is excluded.
Investment Highlights
-Over 30 years of operating history
Established presence in Singapore
-Residential, commercial and international relocation services
-Storage and warehouse operations
-Experienced workforce and established operating systems
-Approximately 20 employees, including 5 management personnel
-FY2025 combined revenue and storage income of approximately S$4.74 million
-FY2025 profit before tax of approximately S$458K
-Indicative adjusted earnings of approximately S$953K
-Suitable for strategic buyers in moving, logistics, relocation or warehousing
The business provides:
-Residential and domestic relocation
-Corporate and office relocation
-International relocation
-Storage and warehouse handling
-Packing and moving support
-Specialist item handling
-Hoisting and stair carry
-Handyman and related services
-The business operates from established premises in Singapore. The property is not included in the sale.
Reason for Sale
-The shareholders are planning to retire and wish to facilitate an orderly transition to a new owner.
FY2025 Financial Summary
-Core Revenue: S$3.04M
-Warehouse / Storage Rental Income: S$1.70M
-Combined Revenue & Storage Income: S$4.74M
-Profit Before Tax: S$458K
Directors' Remuneration:
-Salaries & Bonuses: S$432K
-Other Benefits: S$47K
-CPF Contributions: S$16K
-Total Directors' Compensation: S$494K
-Indicative Adjusted Earnings: S$953K
-The indicative adjusted earnings are calculated by adding disclosed directors' compensation to reported profit before tax.
-This figure is for preliminary assessment only and is not audited EBITDA. Buyers should consider replacement management costs and other necessary adjustments during due diligence.
Employees & Operations
-The business has approximately 20 employees, including around 5 management personnel.
-The workforce supports management, administration, sales, customer service, move coordination, warehouse operations, drivers and moving crews.
-Further employment details will be available during due diligence.
Customers & Suppliers
-The business serves residential, corporate, commercial, international relocation, storage and warehouse-handling customers.
-Customer and supplier identities will remain confidential until the appropriate due diligence stage.
-Owner Involvement & Handover
-The existing owners are involved in management, customer relationships, staff supervision and operational oversight.
-Proposed handover: 3-6 months
-Support may include staff, customer and supplier introductions, operational familiarisation and knowledge transfer.
-Any additional consultancy arrangement can be negotiated separately.
Growth Opportunities
-Expand corporate and international relocation services
-Increase storage and warehouse utilisation
-Strengthen digital marketing and lead generation
-Cross-sell packing and related services
-Improve operational efficiency
-Leverage existing customer and supplier relationships
-Achieve cost synergies through integration with an existing logistics business
Sale Terms
-Indicative Asking Price: S$3 Million
-Property: Excluded
The proposed transaction covers the operating business only.
-A separate lease for the existing premises may be negotiated, subject to agreement.
-The transaction may be structured as a share sale or business/asset sale.
-Treatment of cash, receivables, liabilities, employee obligations and shareholder balances will be negotiated.
-The final price and terms are subject to due diligence and legal documentation.
Confidentiality
-This opportunity is marketed on a strictly confidential basis. Detailed financial information, customer and supplier details, and other sensitive information will only be shared with qualified buyers subject to a Non-Disclosure Agreement (NDA).
Disclaimer
-Information is based on company records, financial statements and information made available by the seller. No warranty is given regarding accuracy or completeness. Indicative adjusted earnings include directors' compensation add-backs and should not be treated as audited EBITDA or guaranteed future earnings. Prospective buyers should conduct their own financial, legal, tax, operational and commercial due diligence.
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