Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
🧱 Business Overview
-Industry: Trading and installation of premium architectural and building hardware
-Core Offerings: Supply and installation of locks, handles, hinges, door closers, floor springs, smart locks, sliding/automatic doors, and glass door systems
-Value-Added Services: Ironmongery specification, project-based consultancy, customization, and after-sales support
-Clients: Mix of contractors, developers, architects, and commercial property owners across Singapore
-Suppliers: Strong, long-term partnerships with reputable international brands
The company operates from leased premises in a light industrial complex that includes both office and warehouse space - suitable for small stockholding and installation equipment. The business is supported by a lean team of four, including the owner, covering sales, service, and administration.
📈 Financial Highlights (Summary)
The company has shown a consistent track record of growth, profitability, and strong cash flow.
Revenue Performance:
FY2021 – ~S$1.20 million
FY2022 – ~S$1.32 million
FY2023 – ~S$1.82 million
FY2024 – ~S$1.85 million
Adjusted Earnings (After Owner’s Remuneration):
FY2021 – ~S$97,000
FY2022 – ~S$101,000
FY2023 – ~S$184,000
FY2024 – ~S$205,000
Gross Profit Margin: Improved from approximately 23% in FY2021–2022 to around 30% in FY2023–2024.
Owner’s Income: Approximately S$8,000 per month, net after all expenses.
**Financial Position:
The business is debt-free and financially stable.
Maintains healthy profit margins and a lean cost structure.
Well-positioned for continued success and scalability.
This profile makes it highly attractive to strategic acquirers or private investors seeking a low-risk, high-yield opportunity.
⚙️ Assets & Intangibles Included
-Established brand reputation and online presence
-Inventory of premium hardware and materials
-Office fixtures, installation tools, and operating equipment
-Transferable customer and supplier contracts (subject to consent)
-Operational processes, documentation, and goodwill built over 17 years
👥 Organizational Structure & Transition Support
The team is experienced and well-trained, enabling smooth daily operations. The owner oversees business development, supplier relationships, and key account management, supported by a small but capable staff.
The current owner is planning for retirement and is willing to provide handover and transition support for 3-6 months to ensure continuity of customer service and supplier relationships.
🌏 Market Position & Growth Potential
-Singapore’s construction and property industries continue to present strong demand for high-quality, compliant, and smart access systems. The business is ideally positioned to capitalize on trends such as:
-Increasing use of smart and automated door technologies
-Rising emphasis on safety standards and building compliance
-Continuous cycles of renovation and redevelopment in both residential and commercial markets
-Potential growth opportunities include expanding into regional markets, smart building integration, and direct online retail or B2B channels.
💰 Sale Terms
Asking Price: SGD 1M -1.8M (negotiable)
Transaction Type: Sale of 100% shares or assets of the company
Rationale: Owner’s planned retirement
This acquisition offers a ready-made, profitable platform for buyers in construction supply, automation, or building materials sectors looking to enter or expand within Singapore’s mature market.
Disclaimer. This information is provided strictly for the purpose of introducing a potential business acquisition opportunity. While every effort has been made to ensure accuracy, no representation or warranty is given as to the completeness or reliability of the information contained herein. Interested parties should conduct their own due diligence and seek independent professional advice before entering into any transaction. Details may be amended or withdrawn without prior notice.
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