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How to Buy an Existing Business in Singapore?

Buying an existing business can provide immediate access to customers, operating processes, supplier relationships, employees and revenue. However, every opportunity should be assessed on its own financial, operational and legal merits.

Start by defining your preferred industry, available investment, location, operating model and level of involvement. Use BizHub’s filters to identify suitable businesses, then compare the seller-reported asking price, revenue, earnings, assets, operating history and transition support.

What to Review Before Contacting a Seller?

Review whether the business matches your budget, experience and ownership goals. Pay particular attention to revenue consistency, earnings, owner dependency, recurring customers, supplier concentration, lease obligations, licences, employees and the reason for sale.

AI-assisted listing insights can help you identify questions and areas requiring further review. They should be used for initial screening rather than as a substitute for financial, legal or operational due diligence.

What to Check Before Making an Offer?

Ask the seller for supporting documentation, which may include financial statements, tax records, bank statements, contracts, lease documents, licences, employee information and asset records.

After identifying a suitable opportunity, consider obtaining an independent valuation and engaging qualified accountants and lawyers to complete due diligence and prepare the transaction documents.

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