K3754346
Business for Sale Singapore - Electrical Engineering Company
Electrical Engineering Company: A Turn-Key Solution Provider (For Sale - $3.5 Million)
A well-established electrical engineering company in Singapore is up for acquisition.
About Them:
The Company, established in 2005, is a trusted one-stop shop for all your electrical and mechanical needs. They specialize in commercial, residential, and industrial projects, from initial planning to final execution.
Their Strengths:
Experienced Team: Their team of 60 skilled professionals is certified to OHSAS 18001:2007 and BCA L1 ME05 Grade in Electrical Engineering.
Upgradable Potential: Their current BCA L4 grading positions them for a seamless upgrade to L5 upon renewal, unlocking access to higher-value projects.
Proven Track Record: They have a successful history of completing projects across various sectors, including hospitals, hotels, data centers, and government buildings. (List a few high-profile projects here).
Commitment to Excellence: Customer satisfaction is their top priority. They deliver fast, efficient, and precise solutions for every project.
Their Services:
Electrical Installation & Maintenance
Mechanical Works (HVAC, Plumbing)
Clean Room Construction
Fire Alarm & Security Systems
Network Cabling & Telecommunication
Turn-Key Project Management
Why Choose the Company?
Reliable and trustworthy partner
Expertise in handling complex projects
Proven safety record
Dedication to quality and customer satisfaction
Positioned for Growth: Upgrade potential to BCA L5 grade unlocks access to bigger and better projects.
Completed Projects: A Showcase of Expertise
The Company has a proven track record of success across diverse projects. Here are some highlights:
Commercial:
People's Association at Jalan Besar: Turn-key electrical installation
EU Habitat @ Jalan Eunos: Electrical and potentially other M&E works
Fusionopolis Two & Nexus One North: Electrical installations for these high-tech business centers
Todai Restaurant @ MBS: Electrical fit-out for this popular restaurant within the Marina Bay Sands complex
311 Thomson Road: Electrical work for this commercial development
Electrical Installation for Google Data Center @ Bulim Ave: A prestigious project showcasing their expertise in handling complex electrical systems for data centers
Hospitality:
Pines Hotels at Stevens Road: Electrical work for this luxurious hotel
Government:
NCID at Jalan Tan Tock Seng: Electrical work for the National Centre for Infectious Diseases
Industrial:
400KV Switchroom at Jurong West Island @ Tembusu Ave: High-voltage electrical expertise demonstrated in this critical infrastructure project
Other:
Solar Panels on Roof of HDB Dwelling: Highlighting their capabilities in renewable energy solutions
Electrical Fit-Out Works for Existing Chevron House at Raffles Place: Showcasing their ability to handle electrical upgrades in existing buildings
This is just a selection of their successful projects. Contact us to learn more about their comprehensive portfolio!
2023 | 2022 | |
S$ | S$ | |
Revenue | 6,148,000 | 3,330,000 |
Finance costs | 49,000 | 61,000 |
Depreciation of property, plant and equipment | 15,000 | 9,000 |
Profit before tax | 72,000 | 67,000 |
Income tax expense | - | - |
Profit for the year | 72,000 | 67,000 |
Property, plant and equipment | 74,000 | 51,000 |
Here are the key takeaways:
Company Highlights:
Founded in 2005, with a stable and growing track record (positive cash flow even in a slowing market).
Strong team of 60 skilled employees with full certifications.
Expertise in various electrical works for commercial, residential, and industrial projects.
Proven safety record with OHSAS and BizSafe certifications.
Strong qualifications (BCA L4 ME05 Grade, BCA CR01).
Healthy profit margins (average 20%).
Secured projects for the next 2 years with a combined value exceeding SGD8 million.
Potential for further growth with existing clients.
Founding owner willing to stay for 2 years to ensure smooth transition and support project completion.
Asking Price: SGD3.5 million (negotiable)
Additional Points:
The company's stability in a challenging market.
The skilled workforce and diverse service offerings.
The secured projects and potential for growth.
The owner's willingness to stay on for a smooth handover adds value.
Ready to take your business to the next level?
The Company is a thriving company with immense growth potential. They are seeking a motivated buyer to take the reins and capitalize on their upgradeability to BCA L5 grade.
If you're interested in a well-established electrical engineering company in Singapore with a positive outlook, this could be a good opportunity. However, it's recommended to conduct due diligence before making any decisions.
Contact us today to learn more about this exciting opportunity!
How Gold House M&A can Help
Here's how Gold House M&A could assist with the acquisition process:
Advisory:
Help identify the electrical engineering company as a potential acquisition target that aligns with your strategic goals.
Conduct market research to understand the electrical engineering industry in Singapore and the company's competitive landscape.
Perform financial due diligence to assess the company's financial health, profitability (20% gross profit margin is a positive sign!), and potential risks.
Capital Raising:
If needed, Gold House M&A can connect you with potential investors to secure funding for the acquisition. This could be crucial as the asking price is SGD3.5 million.
Risk Management:
Identify potential risks associated with the acquisition, such as integration challenges, hidden liabilities, or project delays despite secured future projects.
Develop strategies to mitigate these risks and ensure a smooth transition.
Value Creation:
Gold House M&A can help you negotiate a fair price for the company while maximizing value for both the buyer (you) and the seller (current owner).
We can also advise on strategies to optimize the company's operations and unlock its full growth potential, leveraging the existing client base and skilled workforce.
Informed Decisions:
With our expertise, Gold House M&A can guide you through the entire M&A process, ensuring you have the necessary information to make informed decisions at every step.
Reduced Complexity:
Navigating the complexities of a business acquisition can be overwhelming. Gold House M&A can streamline the process, handle negotiations, and manage the paperwork, reducing your workload and stress.
By leveraging Gold House M&A's services, you can increase your chances of a successful acquisition of this established electrical engineering company in Singapore.
Business for Sale Singapore - Electrical Engineering Company
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