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Listing Id: 37620 Last Refreshed: 24/06/2025 Total Views: 46

Long Standing Oil Distribution Business For Sale

Central AreaAutomotive and VehicleBuilding and ConstructionTransportation and Storage
Asking Price: S$9,500,000
Business For Takeover
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Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 16
  • Established 2000
  • Source Broker

Reason For Sale

Retirement

Description

Age of Business: >20 years
Annual Revenue: $35 mil
EBIT: $2.2 mil
Indicative Price: $9.5 mil (Exclude working capital and inventory)
Location of Business: Singapore
Seller Financing: Yes
Reason for selling: Owner’s retirement

Fey Day presents an oil distribution business that has been around for more than 20 years in Singapore. Their team consist of 16 staffs including owners and drivers. They enjoy a strong reputation in the industry, with a wide base of 300 B2B customers. (Namely in the pump station, construction, logistics and fleet operators)

What makes this a good opportunity?

1. This is a niche market with only 6 significant players.

2. Customer loyalty (Customers has been with them for 10 years on average)

3. It is an asset light and strong cashflow business

4. Has the potential to grow regionally. (Malaysia, Indonesia and Vietnam)

5. Diverse customer base with no customer concentration risk

Owners are willing to stay and support the handover transition for up to 2 years.

For more business deals, please visit www.feyday.com
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