Bivety.sg | Whatsapp/Call: William 97218288| Company A: Air Conditioning Services Provider Overview Company A is a leading specialist in air conditioning installation, maintenance, and cleaning services, catering to both residential and commercial clients. With a focus on high-quality service and customer satisfaction, the company ensures optimal performance and longevity of air conditioning units through advanced cleaning and maintenance techniques.
Services Offered - One-Time General Aircon Servicing - Yearly Contract Aircon Maintenance - Chemical Wash and Overhaul - Steam Cleaning Services - Troubleshooting & Parts Replacement
Company B: Professional Moving & Logistics Services Overview Company B is a trusted provider of relocation and logistics services, offering tailored solutions for residential, commercial, and specialized moving needs. With a strong reputation for efficiency and care, the company ensures a stress-free moving experience for individuals and businesses alike.
Ownership & Transition The current owner is looking to retire, approaching 60 years old, with a father in his 90s. Willing to stay for at least three months after completion for a smooth handover. Fleet Management All lorries are rented under 2-year contracts with varying terms. Fleet consists of 7 lorries and 3 vans. Manpower & Quota Contributions Total number of employees: 27. The moving company employs 23 workers, while the aircon company has 4 employees. 22 foreign workers, mostly from India and Bangladesh, with an average tenure of 5-6 years and aged between 32-40. 5 Singaporeans/PRs are employed, including two directors.
Financial Considerations No business loans associated with the company. Dormitory costs for 16 beds at $600 per head are included under manpower costs. Marketing expenses range between $1,000 and $2,000 monthly. Revenue for the moving company is projected to increase in 2024, while the aircon company sees a slight decline, with a primary business focus on moving services. Customer Breakdown 90% of the customer base is B2C, while 10% is B2B.
Business Continuity The company has potential employees capable of running the business post-transition.
Looking at 4X EBIDTA
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