Singapore

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Listing Id: 28933 Total Views: 2532

(Sold) Fire Sale ! Established Security Agency For Sale !!!

Central Area

Date Closed: 31/07/2023

Asking Price: S$450,000

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Owner has other businesses to manage

Description

Why run a security agency in Singapore?
Singapore is one of the busiest cities in the world which is why the private security sector developed at a fast pace in the last few years. According to recent statistics, the Singapore security industry:
- is expected to bring around 18 million USD to the local economy in 2019;
· - by 2023, the same industry is expected to generate 23 million USD;
· - by 2023, the number of private security firms is expected to increase by 16.7%;
· - household security services in Singapore are expected to grow by 4.9% by the end of 2019.


This established Security Agency specialised in MCST, commercial, LTA, & Cisco related projects.

Average monthly revenue $55k to $64k
Current guard strength x 20
Sites x 8

Selling Price $450k

Interested parties pls call / whatsapp 90670575 for more info. Thanks !

https://www.bradfordlimassociates.com/


Disclaimer :All the financial figures in the advertisement are estimates been quoted by the Vendor of the business. Buyers have to exercise their own due diligence. Bradford, Lim & Associates is not liable for any misinterpretation or inaccuracy of the Vendor's financial data.The information in the advertisement is for your references only, and may have changed since we last updated.

Property Information

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