13 Years Old Engineering Company For Marine, Shipbuilding & Power Industry For Takeover

More than 13 years old company in operation. Providing service to marine, offshore, shipyard and power plants.

Marine & power plant Machinery repair, o/hauling, routine maintenance, new installation.
Steel Work, Fabrication & Piping work.
Electrical Maintenance & Trouble shooting
Reconditioning of engine / machinery parts.
Supply of machinery spares & equipment.

Customer – ship owner, ship management, shipyard, power plant. Global base customers

This GST registered company has been in the market for more than 13 years & enlisted as approved vendor / service provider for many customers round the globe (Asia, Europe & North America). A huge potential of growth, strategically being located in a one of the largest seaport and ship repair hub in the world. Beside that Singapore is a great country to stay & do business with safety, quality, clear processes, and a huge potential.

Noticeable positive cash flow with continued growth each year.
Sustainable business with long terms clients

The company has achieved a steady annual recurring revenue of S$2 - 3 million
Serving repeat customers with a relatively high entry threshold.

This is a very beneficial and solid business opportunity for an entrepreneur with an understanding of marine, offshore & shipbuilding industries.

Preset owner is open & willing to support for initial take over and mentor the business until new owner is settled which can be set upon mutual discussion / agreement.

Reason of selling: relocating to overseas due to family reason.

Pls contact me for amicable discussion in details (Mr Raja, HP / WhatsApp: +6597565476, email: mamunraja@fareast-marine.com.sg)

Only serious and real buyers please.