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Listing Id: 2780 Total Views: 10910

(Sold) Transportation Services And Private Cars Renting Business For Sale

Bishan

Date Closed: 16/06/2016

Asking Price: S$200K - 500K

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental S$1,500
  • Rental Desposit S$3,000
  • Revenue S$500K-1M
  • Liability N/A
  • Gross Profit N/A
  • Net Profit S$100K - 200K
  • Stock N/A
  • FFE S$400***
  • Payable N/A
  • Receivable N/A
  • Owner Role Part Time
  • Staff 7
  • Established 2008
  • Source Broker

Reason For Sale

Owner has other commitment but is keen to have serious buyers/investors who are willing to take the business forward, open to discuss fully take over, joint venture or any good proposals.

Description

Transportation Services and Private Cars Renting Business for Sale
Our client provides round-the-clock transportation and private cars for hire with operator services, the business has been established since 2008 and together with their Parent Company fulfilled more than 300+ reservations per month for weddings, events and corporate transfers over these years. They have established their niche in this industry and have grown to serve the needs of corporate and MNC clientele. Their satisfied clientele ranges from top tier local SMEs to global MNCs, all of whom have enjoyed the high standards of customer service that Limo cars consistently delivers. To add as an achievement in 2012 – They are the transport host for 2012 Bollywood IIFA event serving Bollywood A-List and providing more than 100 Mercedes and BMW vehicles in Singapore.
They provide Easy online booking, their IT infrastructure with a customer website frontend allows to view or modify any reservations online and track any updates. Their mobile apps also allows cusotmers can track any reservation close to real time update.

PRODUCT AND SERVICES
Point to Point Car Services
Airport Transportation
Hourly Car Service
Coporate Limo Service

Business Operation

Car Plate (SBP80K , SKJ78L , SKJ98K)
Vehicle Nett Value (based on Market Price - car loan )
Furniture, Laptops, Printers
Google No. 1 organic ranking for past 8 years
Mobile Apps for reservation
Reservation Website
Reservation System
Brandname
Facilities
The company have strong marketing platforms, competitors may not good enough as them.
Competition
Yes.
High potential for revenue increased as still a very high demand in the market.
Expansion Potential
yes
Support and Training

Property Information

Rent
Premise Status
2
Lease Term
Yes, it can relocate to other place
Relocatable

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