Owner is looking to retire early due to health reasons.
Description
This opportunity involves the acquisition of an established automotive workshop in Singapore with a strong reputation for quality workmanship and reliable service. The business has built long-standing relationships with government agencies and corporate fleet clients and has maintained a consistent track record servicing government contracts.
Operating from a strategic automotive hub location, the workshop provides a comprehensive range of vehicle maintenance and repair services and benefits from stable recurring work from fleet servicing and repeat customers.
⭐ Key Highlights - Active government servicing contracts with an existing tender currently in place - Long-standing corporate fleet client relationships generating recurring servicing revenue - Stable demand from fleet servicing and repeat customers - Full-service automotive workshop offering maintenance, repairs, engine overhauls, air-conditioning servicing, accident repairs, and claims handling - Bizsafe-certified operation, enabling eligibility for government tenders - Strategic automotive hub location in Singapore with over 200 sqm of workshop space - Experienced operational team in place with staff expected to transition to the new owner - Workshop equipment and systems included, such as hoists, diagnostic scanners, tools, and accounting systems - Customer database and repeat clientele supporting ongoing marketing and service outreach - Growth potential in EV servicing, leveraging existing fleet relationships and customer base
⚙️ Operations - Team of 3 local employees and 5 foreign workers currently operating the workshop - Established operational processes and servicing capabilities across multiple vehicle service categories
🤝 Reason for Sale The owner is seeking to retire due to health reasons and is willing to provide transition support for up to 6 months to ensure a smooth handover to the new owner.
Business Operation
Expansion into EV workshop services. The existing customer base and corporate relationships provide a strong foundation for EV servicing expansion.
Expansion Potential
The owner is willing to provide up to 6 months of transition support, ensuring a smooth handover and operational continuity.
Assets included in the sale: - Accounting software - Hardware systems - Workshop hoists - Tools - Diagnostic scanners - Experienced operational team
The buyer will also benefit from an established company name, which must be retained due to an ongoing government contract in place for several years - offering long-term stability and revenue certainty from day one.
Support and Training
Property Information
Renewal on 1 April 2027
Lease Term
The business operates from a unit spanning approximately 227 SQM. The current monthly rental is $5,788.50 (inclusive of service charge), with the existing lease set to renew on 1 April 2027, offering stability and planning certainty for a prospective buyer.
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