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Successful News Tracking Company In Singapore For Sale

Singapore, Singapore
Asking Price:
$2,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (USD)
Cash Flow:
$50K - $100K (USD)

A News/Media Tracking company started operation from scratch 10 (ten) years ago. Revenue (sales) has shown a double digit growth annually since commencement of business, generating an annual sales revenue of S$1.3 - S$1.5 millions. Large slice of the sales comes from clients who are on long term contracts of 1-2 years and many such clients have been with the company for a few years. There is potential for growth in the Singapore market as the company's revenue is mainly generated from a particular segment of the market. In addition there are also the other Asian countries to tap from.
The company operates from its own premises and also from leased premises. It also fully owns all the hardware and software and other fixed assets. All accounting records have been properly maintained by qualified accounting personnel.
The 2 (Two) founding shareholders with to divest their shareholdings to an interested investor. A smooth handover of the business has been envisaged and training can be provided if it is necessary. The founding shareholders wish to retire.

Property information

Real Estate:

Real Property Included

Location:

online

Premises Details:

freehold commercial building

Size in square feet:
1,500

Business Operation

Expansion Potential:

Currently the company is focusing on one particular segment of the market, namely statutory boards and government agencies. The commercial segment is another big market. Company's business mainly covers Singapore and there are the other Asian countries

Competition / Market:

There are about 3 - 4 competitors in the segment of our market

Reasons for selling:

Founding 2 shareholders wish to retire

Trading hours:

12/7

Employees:
25
Years established:
10

Other Information

Support & training:

Support and on the-job-training will be provided to ensure smooth handover

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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