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[SOLD] Engineering Business for takeover

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Engineering Business in Tuas for takeover
  • Business established since 2001 (from sole proprietor to Pte Ltd)
  • Design & build stamping tooling dies, machining engineering parts & tooling services
  • with design, machining, assembly & testing departments
  • fully equipped with CNC & conventional machines
  • Approx 20+ over machines (including wirecut, cnc milling machine, jig grind etc)
  • Machine total investment exceeds SGD 1.5 million
  • Able to fabricate carbide, steel & other metal parts like aluminium, brass, copper etc.
  • serves mainly Japanese/US customers locally & SEA region
  • directly served the Japanese/US customers, NOT 2nd or 3rd tier suppliers
  • factory fully equipped & furnished
  • The rent is about $18k/mth exclude overheads
  • Revenue approx $1.2mil & average profit approx $100-$200k pa
  • Asking $850k for 100% takeover (negotiable)
  • will transfer all customer's contacts & details (including overseas customers)

All details subject to verification & confirmation

Thanks

Email for more details & contacts

ex350@rocketmail.com