Construction
Equipment Supply and Rental Business
Acquisition Opportunity – Singapore
This is well-established company in Singapore for more than 30 years existence.
• One
of the largest suppliers of heavy construction equipment in Singapore.
• Selling
and renting out varieties of construction equipment.
• Stable
revenue and profits over past few years, and it’s growing!
The company has been
producing stable cash inflows from the operating business. Owner seeking to sale
his business for his retirement plan. Business is to be sold together with
Company’s assets and liabilities. Current management is willing to retain as
consultant to groom the onboarding successor.
According to
Economic Survey of Singapore 2019 published by Ministry of Trade and Industry
Singapore, for the whole of 2019, the construction sector grew by 2.8 per cent
to S$33.5 billion, rebounding from the 3.5 per cent contraction in the
preceding year. Total construction demand is projected to come in between $28
billion and $33 billion in 2020.
|
Financial
Summary (USD) |
|||
|
|
2019 |
2018 |
2017 |
|
Gross Revenue |
$ 43.46 |
$ 39.92 |
$ 39.29 |
|
Adjusted EBITDA |
$ 4.8 |
$ 3.5 |
$ 2.9 |
|
Other Highlights |
|||
|
Financials |
Management Team in Place |
Years in Business |
SIC |
|
Compiled |
Yes |
30+ |
7359 |
|
E-mail: dmj@gottesman-company.com