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Business for Sale Singapore - Car Leasing Business


Business for Sale Singapore - Car Leasing Business

A car leasing business in Singapore is up for sale. Here are some key points:


  • Annual rental income: S$2 million (estimated)

  • Asking price: S$13 million

  • Seller financing available

Business details:

  • Owns 123 vehicles (mainly sedans and MPVs)

  • Market value of vehicles: S$11.8 million (estimated)

  • Located in the Central Area (Singapore)

  • Reason for sale: Owner is retiring

Potential benefits:

  • Established and profitable business with recurring income

  • Owns a fleet of vehicles, reducing the need for upfront investment

  • Seller financing available, potentially easing the financial burden

This could be an interesting opportunity for an investor looking to enter the car leasing market in Singapore. 

Things to consider:

  • High asking price compared to annual income (S$13 million vs S$2 million)

  • Need to assess the overall condition and value of the vehicle fleet

  • Existing lease contracts and customer base need evaluation

  • Relocation costs if the premise is not ideal

By carefully considering these factors, you can determine if this car leasing business is a good fit for your investment goals.

However, it's crucial to conduct thorough due diligence before making a decision. This might involve:

  • Reviewing the business financials in detail

  • Inspecting the condition of the car fleet

  • Understanding existing lease contracts and customer base

  • Evaluating potential relocation costs

How Gold House M&A can Help

Gold House M&A can assist with the due diligence process for this car leasing business acquisition in several ways:

Financial Due Diligence:

  • Our team has experienced professionals who can analyze the business financials in detail. This would involve tasks like:

  • Scrutinizing past tax returns and financial statements

  • Verifying the accuracy of the claimed $2 million annual income

  • Identifying any potential liabilities or hidden costs

Fleet Inspection and Valuation:

  • Gold House M&A can help you connect with qualified professionals to conduct inspections.

  • We can assist in:

  • Arranging inspections of the 123 vehicles to assess their condition and value.

  • Comparing the estimated market value of $11.8 million to a professional appraisal.

Understanding Lease Contracts and Customer Base:

  • Reviewing existing lease contracts is crucial. Gold House M&A can help by:

  • Analyzing the terms of existing lease agreements for the vehicles.

  • Identifying any potential issues or renegotiation opportunities.

  • We can also assist in:

  • Evaluating the customer base, including lease durations and customer loyalty.

Relocation Cost Assessment:

  • While Gold House M&A might not directly handle relocations, our expertise can be valuable in:

  • Understanding the potential costs associated with relocating the business to a new premise, if necessary.

  • Negotiating lease terms for a new location, if applicable.

By leveraging our experience in buy-side advisory and due diligence, Gold House M&A can help you make informed decisions about this car leasing business opportunity. We can guide you through the complex process and ensure you have a clear picture of the business's financial health, fleet condition, contractual obligations, and potential relocation costs.

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