Singapore  Singapore

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Listing ID: 33399 Last Refreshed: 29/06/2026 15689 Views

SEEKING PARTNERSHIP / INVESTOR - HEV / EV

Asking Price S$200K - 500K

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$6,000

Operations & Ownership

Staff
5 Employee
Year of Incorporation
2015
Owner Role
Investor

Property Information

Premise Status
Rent
Premise Type
Factory
Premise Size
1800 sqft / 167 sqm
Rental Deposit
S$6,000 Price Included
Premises Details User-entered information
1. Corner shop - Airy & good fengshui, good for business
2. Nice neighbors & plenty of parking space
3. Workshop is nice & clean, not clustered with engine parts & dirty

Operations & Growth

Reason For Sale

Owner's health reason

Description

What You Are Actually Acquiring. Let's be direct about what this is.
This is a 20-year-old business — not a startup, not a concept, not a projection. A proven, profitable, debt-free operation with real customers, real revenue, and real infrastructure.
The numbers:

💰 SGD 650,000 in annual revenue
👥 2,500 premium customers on the books
🔧 Factory-grade Porsche PIWIS 3 diagnostics — the same system authorised dealers use, at independent pricing
📍 Two operational workshops across two jurisdictions
🏗️ Physical assets included — mezzanine floor and fully fitted office space

Already profitable on ICE and HEV.
The EV capability now being added is not the foundation — it is the next floor of a building that is already standing.

✅ Zero bank loans — no debt obligations to inherit
✅ Zero accounts payable — suppliers are paid promptly, relationships are intact
✅ Zero accounts receivable — customers pay on time, no bad debt exposure
✅ Physical asset included — mezzanine floor and fitted office space

The EV Opportunity Is Real — And Still Uncrowded
SINGAPORE
125,000+ vehicles (99,157 hybrids + 26,225 EVs) already on the road requiring specialist service
Premium European EV brands are the fastest-growing segment
Independent certified workshops capable of servicing them? You can count them on one hand
Across the entire island: only 6 EV-capable workshops

JOHOR
Singapore-registered EVs cross the causeway daily — Johor benefits directly from Singapore's growing EV fleet
The overwhelming majority of Johor workshops have zero EV capability
Across all of Johor: only 2 EV-capable workshops exist today

The gap is not closing quickly. First movers in this space will define the market.

Facilities

NEWLY renovated with Mezzaine floor
FULLY equipped with 2 x 5 Tons Hoist
$15-20k Stock
3 High End Diagnostic Tools (worth $15k)
1 x Refrigant washer with sensor & screen (worth $5k)
1 x Fridge
1 x Washing cum Drying Machine
1 x Big industrial Fan
2 x small Industrial Fan
Car park space available
Workshop can handle 5 cars or more ( depending how you position & move the cars) at a time

Expansion Potential

the opportunity for Service Focus on:
- Life extension programs: "Keep your ICE alive till 2050"
- Warranty for EV / HEV
=========================================
1. Comprehensive restoration services
2. EXTENDED WARRANTY
3. Classic car conversion specialist

Buyer Support & Terms

Support and Training

Can be discuss.
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