Singapore Lubricating Oil General Agent for Sale
The company has been established for over 25 years and mainly operates as the general agent for multiple well-known brands in Singapore, supplying and delivering industrial oils, automotive oils, lubricants, greases, and specialty petroleum products.
The general agent has a 980 square foot office in Singapore, two large warehouses (both self owned), 4,500 square feet and 3,500 square feet respectively.
It has 6 secondary agents, totaling over 350 sales points, and has its own truck distribution network. Its end customers for chemical products such as engine oil, lubricating oil, hydraulic oil, etc. are mainly transportation companies, mechanical engineering companies, construction companies, etc., with annual sales exceeding 2,500KL.
The company's revenue for the most recent fiscal year was approximately SGD 4.5 million, with a net profit of SGD 1 million. The shareholder intends to transfer 100% equity upon retirement. The transfer includes inventory and real estate.
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OUR COMPANY PROFILE:
We are a leading large CPA group with over 2,500 professionals (370 certified public accountants) in nearly 98 branches across Mainland China, which ranks among the TOP CHINESE 50 CPA FIRMS.
The specialized services we render include audit to listed and unlisted companies, merger and acquisition advisory, IPO consulting, tax planning and so on. The M&A opportunities posted by our M&A team are projects in the sectors/industries of finance, high-end manufacturing, education, agriculture, real estate, etc.
As of the financial year of 2022, we’d achieved operating revenues for more than RMB 530 million (USD 74.3 million).
Financials (USD)
Asking Price $22,000,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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