An established Singapore moving, relocation, storage and logistics business with over 30 years of operating history is available for sale. The business provides residential, commercial, corporate and international relocation services, together with storage, warehouse handling and related support services.
- The shareholders are considering a sale primarily due to retirement.
- The sale is for the operating business only. Property is excluded.
Investment Highlights
-Over 30 years of operating history
Established presence in Singapore
- Residential, commercial and international relocation services
- Storage and warehouse operations
- Experienced workforce and established operating systems
- Approximately 20 employees, including 5 management personnel
- FY2025 combined revenue and storage income of approximately S$4.74 million
- FY2025 profit before tax of approximately S$458K
- Indicative adjusted earnings of approximately S$953K
- Suitable for strategic buyers in moving, logistics, relocation or warehousing
The business provides:
- Residential and domestic relocation
- Corporate and office relocation
- International relocation
- Storage and warehouse handling
- Packing and moving support
- Specialist item handling
- Hoisting and stair carry
- Handyman and related services
- The business operates from established premises in Singapore. The property is not included in the sale.
Reason for Sale
-The shareholders are planning to retire and wish to facilitate an orderly transition to a new owner.
FY2025 Financial Summary
- Core Revenue: S$3.04M
- Warehouse / Storage Rental Income: S$1.70M
- Combined Revenue & Storage Income: S$4.74M
- Profit Before Tax: S$458K
Directors' Remuneration:
- Salaries & Bonuses: S$432K
- Other Benefits: S$47K
- CPF Contributions: S$16K
- Total Directors' Compensation: S$494K
- Indicative Adjusted Earnings: S$953K
- The indicative adjusted earnings are calculated by adding disclosed directors' compensation to reported profit before tax.
- This figure is for preliminary assessment only and is not audited EBITDA. Buyers should consider replacement management costs and other necessary adjustments during due diligence.
Employees & Operations
- The business has approximately 20 employees, including around 5 management personnel.
- The workforce supports management, administration, sales, customer service, move coordination, warehouse operations, drivers and moving crews.
- Further employment details will be available during due diligence.
Customers & Suppliers
- The business serves residential, corporate, commercial, international relocation, storage and warehousehandling customers.
- Customer and supplier identities will remain confidential until the appropriate due diligence stage.
- Owner Involvement & Handover
- The existing owners are involved in management, customer relationships, staff supervision and operational oversight.
- Proposed handover: 36 months
- Support may include staff, customer and supplier introductions, operational familiarisation and knowledge transfer.
- Any additional consultancy arrangement can be negotiated separately.
Growth Opportunities
- Expand corporate and international relocation services
- Increase storage and warehouse utilisation
- Strengthen digital marketing and lead generation
- Crosssell packing and related services
- Improve operational efficiency
- Leverage existing customer and supplier relationships
- Achieve cost synergies through integration with an existing logistics business
Sale Terms
- Indicative Asking Price: S$3 Million
- Property: Excluded
The proposed transaction covers the operating business only.
- A separate lease for the existing premises may be negotiated, subject to agreement.
- The transaction may be structured as a share sale or business/asset sale.
- Treatment of cash, receivables, liabilities, employee obligations and shareholder balances will be negotiated.
- The final price and terms are subject to due diligence and legal documentation.
Confidentiality
-This opportunity is marketed on a strictly confidential basis. Detailed financial information, customer and supplier details, and other sensitive information will only be shared with qualified buyers subject to a Non-Disclosure Agreement (NDA).
Disclaimer
-Information is based on company records, financial statements and information made available by the seller. No warranty is given regarding accuracy or completeness. Indicative adjusted earnings include directors' compensation add-backs and should not be treated as audited EBITDA or guaranteed future earnings. Prospective buyers should conduct their own financial, legal, tax, operational and commercial due diligence.
