Regional Manufacturing Consumables Business for Sale
Year of Inception: 1991
Annual Revenue: $12.4 million
Seller's Discretionary Earnings: $1.86 million
Asking Price: SGD $15 million (Includes 3 properties valued @ $2.1 million)
Open to full/ majority stake sale
Fey Day presents a regional leader in the industrial consumable sector. This business has been operating since 1991, and have expanded their regional footprint in the following countries: Singapore, Malaysia, Indonesia, China, Philippines and Thailand. They are distributing consumables and equipments to factories across Asia with production factories in China and Philippines. Total Headcount: 99 (Singapore + Regional, exclude China)
The company distributed both international and own brands to 750+ clients. (Including OEM customers in Europe & USA market) Their products are cleanroom supplies, face mask, gloves, cleaning chemicals for electronic parts, adhesives and equipment. They have a sale office in each of these 6 countries that they are operating in. The company have a CEO who is currently running the business, as the business owner has stepped away from day to day operation in the past 2 years. They currently owned an office and warehouse in Singapore, plus a condominium in Philippines. (Estimated market value of $2.1 million)
What makes this a unique business opportunity?
1. Immense Growing Addressable Market - According to Statistia, the output in the Asia manufacturing sector is projected to amount to US$17.9tn in 2024. A compound annual growth rate of 1.28% is expected for CAGR 2024 – 2029.
2. No Concentration Risk - A customer base of 750+, no customer represent more than 10% of the revenue
3. Brand Positioning- Portfolio of international Tier 1 supplier brands and own brand
4. Good Liquidity - Current ratio (>2)
5. Internal Stability - Low Employee Turnover rate
6. Consistent Demand - Consumables are purchased regularly due to the on-going operational needs of factories.
2023
Revenue: $12.4 million
Seller's Discretionary Earnings: $1.86 million
2022
Revenue: $12.2 million
Seller's Discretionary Earnings: $2.4 million
Owner is willing to stay and support the handover transition.
Interested in this business? Please email mac@feyday.com today!
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