Singapore Overview
Financial Performance
Revenue
S$200K - 500K
Gross Profit
S$100K - 200K
Net Profit
S$50K - 100K
Monthly Rentalt
S$1,800
Business Operations & Assets
Staff
2 Employee
Year of Incorporation
2001
Owner Role
Full Time
Premise Status
Rent
Premise Type
Office Building
Premise Size
200 sqft / 19 sqm
Business Details
Reason For Sale
Looking for Capital
Description
This is an exceptional opportunity to acquire a prime office space located in the highly sought-after Marine Parade area. The business operates within the Other Transportation and Storage industry, specializing in car rental services. With a strategic location, this 200 sqft office building is currently rented at a competitive monthly fee of S$1,800.
This business boasts impressive monthly financials with revenues ranging from S$200K to S$500K, and a gross profit between S$100K and S$200K. The net profit stands at a solid S$50K to S$100K monthly, demonstrating strong profitability and a robust operational structure.
The current owner, who has been actively involved in the business on a full-time basis, is seeking to sell due to a need for capital. This presents an ideal opportunity for an investor looking to enter the lucrative transportation and car rental market with an established framework.
Key highlights of this business include:
- Prime location in Marine Parade, a bustling area with high foot traffic.
- Strong revenue and profit margins, ensuring a sound investment.
- No takeover fee, making this a cost-effective acquisition.
- Potential for growth and expansion in a growing industry.
This listing appeals to serious investors looking to capitalize on a thriving business with established customer relationships and a strong market presence. Don’t miss out on this opportunity to invest in a profitable venture in the heart of Marine Parade!
This business boasts impressive monthly financials with revenues ranging from S$200K to S$500K, and a gross profit between S$100K and S$200K. The net profit stands at a solid S$50K to S$100K monthly, demonstrating strong profitability and a robust operational structure.
The current owner, who has been actively involved in the business on a full-time basis, is seeking to sell due to a need for capital. This presents an ideal opportunity for an investor looking to enter the lucrative transportation and car rental market with an established framework.
Key highlights of this business include:
- Prime location in Marine Parade, a bustling area with high foot traffic.
- Strong revenue and profit margins, ensuring a sound investment.
- No takeover fee, making this a cost-effective acquisition.
- Potential for growth and expansion in a growing industry.
This listing appeals to serious investors looking to capitalize on a thriving business with established customer relationships and a strong market presence. Don’t miss out on this opportunity to invest in a profitable venture in the heart of Marine Parade!
Facilities
Revenues Secured Business with MNC.
Competition
Family Offices
Expansion Potential
**EV Co Ownership & Time Sharing Model**
An environmentally friendly EV co ownership model that allows multiple members to share ownership and usage of electric vehicles.
The model operates on a **limited ownership and time sharing basis**, where members purchase a fractional share of an EV and receive allocated usage time based on their membership.
To maximise convenience and reduce unnecessary travel, membership is limited to customers within a **50 metre radius** of each vehicle. During peak periods, available time slots are limited and allocated according to membership priority and booking availability.
The model also creates opportunities for **cross selling and community based membership**, allowing members to access different EVs or services within the same network.
**Key Benefits:**
• Lower cost of vehicle ownership
• Higher vehicle utilisation
• Reduced number of privately owned vehicles
• Lower carbon emissions and environmental impact
• Convenient access within a 50 metre community radius
• Incentives and rewards for co owners who share usage efficiently
• Flexible time sharing based on peak and off peak demand
**The concept:**
**“Own Less, Share More, Drive Green.”**
An environmentally friendly EV co ownership model that allows multiple members to share ownership and usage of electric vehicles.
The model operates on a **limited ownership and time sharing basis**, where members purchase a fractional share of an EV and receive allocated usage time based on their membership.
To maximise convenience and reduce unnecessary travel, membership is limited to customers within a **50 metre radius** of each vehicle. During peak periods, available time slots are limited and allocated according to membership priority and booking availability.
The model also creates opportunities for **cross selling and community based membership**, allowing members to access different EVs or services within the same network.
**Key Benefits:**
• Lower cost of vehicle ownership
• Higher vehicle utilisation
• Reduced number of privately owned vehicles
• Lower carbon emissions and environmental impact
• Convenient access within a 50 metre community radius
• Incentives and rewards for co owners who share usage efficiently
• Flexible time sharing based on peak and off peak demand
**The concept:**
**“Own Less, Share More, Drive Green.”**
Buyer Support & Terms
Seller Financing
Yes, seller financing is available.
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