IT Consulting
Posted April 23, 2018 at 9:48 am by SquareOne

IT Consulting singaporean company for sale

IT Consulting local company incorporated in 2010 is sold for 30,000SGD only due to retirement.

Net position of the company +20,000SGD (+ cash on the bank as of the moment of sale) as receivable in July and Aug expected settlement of pending invoices.

No liabilities

Comes with local bank account with Standard Chartered bank and paid secretaryservice up to October 2018 that is end of the financial year. Renewal of the secretary fee is only 350 SGD for one year.

Local director much be sourced from you as it wont be provided.

  • 8 years operation as IT manpower services ACRA sector code
  • Turnover for all 8 years above 150,000SGD and all years with profits above 80,000SGD.
  • Existing business collaboration contracts with Major IT companies and banking institutions in Singapore and overseas will carry on as goodwill to the new buyer

Details

Total Revenue
10000
Net Profit
56695
Company Establish Year
2010
Total no. of Employees
1
Reason for Letting Go
retirement
Rental Cost
0 (use condo apartment as registered address)
Home-Based
yes
Facilities and Equipment
none
Country
Singapore