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Listing Id: 28952 Last Refreshed: 31/07/2023 Total Views: 3297

Rare ! Commercial Divers Service Business Seeks Investors / Partners !

Jurong WestRepair Services
Asking Price: S$1M - 5M
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Seeking Investors

Description

Rarely Available ! Niche & essential trade for Investment !
Less than 10 players in the market !

The Company is an established commercial divers service provider in the marine industry. It specialised in the building and repair of ships, tankers and other ocean-going vessels.
Types of Services (Ship Maintenance & Salvage) provided :
* Hull Cleaning
* Propeller Polishing
* Sealing of Leakage
* Blanking & Plugging
* Still Photo Inspection
* Removal of Entanglement
* Installation & Removal of Thrusters for Semi Sub Oil Rigs and Drill Ships
* Underwater Welding
* Underwater Patching
* Refloat of Floating Docks or Vessels
* Search and Recovery of Anchors, Boats and Etc

Company has 5 divers and 1 boatman
Total assets = Boat ($60k) + equipments ($150k) estimated
Revenue 2022 est $1.4 mil
Net Profit 2022 est $300k
Directors’ Fee $250k

Owners are seeking for investors to acquire 60% to 80% of the Company for expansion. With extra capital and manpower, the business revenue can be easily double.

Interested parties pls call / whatsapp Vincent 90670575 for more info. Thanks!


https://www.bradfordlimassociates.com/


Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.

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