Profitable & Established Interior Plantscaping Business | Recurring Contracts | Debt-Free

Retirement

An opportunity to acquire a profitable Singapore specialist in plant landscaping, incorporated over two decades ago and owned by its two founder-directors. The business designs, fabricates, installs and maintains platscape for commercial, hospitality and institutional clients, winning work by referral through architects, interior designers, main contractors and developers. Alongside project work, it holds a contracted maintenance book that bills on standing monthly and annual agreements.

Key Highlights:
- Design-led specialist with over two decades of continuous trading and a referral network of architects, interior designers and contractors
- Contracted maintenance book providing recurring billings, with new agreements signed in each of the last several years
- Profitable before and after tax in each of the last four financial years
- Debt-free with net cash; all bank and hire-purchase borrowings repaid in full
- Owns and occupies its operating premises, included in or excluded from the transaction at the buyer's election

Operations:
The business is run by a lean but stable team, with the two founder-directors at the helm. The directors are prepared to do a structured handover so as to ensure a smooth transfer to a new owner.

Growth Opportunities:
- Build a structured marketing and business development channel. Mainly word-of-mouth so far.
- Convert a larger share of project clients onto standing maintenance agreements to grow the recurring book.
- Bolt-on for a plantscaping, landscape, fit-out or facilities platform looking to add design capability, an established network and recurring maintenance billings.