Owner's health
Key Highlights
Founded in 2006 and operating as a sole proprietorship. Physical workshop-based automotive service business focused on ICE, hybrid (HEV) and electric vehicle (EV) diagnostics and servicing. The business reports two operational workshops across two jurisdictions, indicating cross-border operations between Singapore and Johor. Uses Porsche PIWIS 3 diagnostic equipment for vehicle diagnostics. Team size is listed as 1–5. Tangible assets listed include inventory (S$17,500) and equipment including three diagnostic tools (S$15,000) and refrigerant washer equipment and related items (S$12,000).
What Makes This Business Unique
The business combines a long operating history with specialist diagnostic capability for premium European vehicles, including use of Porsche PIWIS 3 equipment. It is positioned around servicing internal combustion, hybrid, and EV drivetrains rather than being EV-only. The seller describes an operating footprint spanning Singapore and Johor, which can support customers who move vehicles across the border. The asset base is defined and includes both diagnostic equipment and workshop-related equipment and stock.
Operations
Revenue is generated mostly through one-off customer transactions. Operations are delivered through physical workshops, with the seller reporting two operational locations across two jurisdictions. The operational capability includes diagnostic work using high-end tools, including Porsche PIWIS 3, alongside workshop equipment such as refrigerant washer systems. The listed tangible assets include inventory stock and multiple pieces of equipment that support day-to-day workshop service delivery.
Customers & Market
The business reports 2,500 premium customers on its books. Customer demand is linked to servicing and diagnostics for ICE, hybrid and EV vehicles, including premium European brands. The seller positions the business to serve vehicles moving between Singapore and Johor, including Singapore-registered EVs crossing into Johor.
Why This Business
A buyer acquires an operating workshop business established since 2006, rather than building a new operation from scratch. The business includes a defined set of tangible assets—inventory and diagnostic/workshop equipment—that would otherwise require upfront sourcing and capital outlay. The seller reports an existing base of 2,500 customers, which can reduce the time required to establish repeatable demand. The operating footprint described across Singapore and Johor provides an immediate cross-border service platform that would take time to replicate.
| Year | Revenue (SGD) | Earnings (SDE) | Net Margin |
|---|---|---|---|
| 2025 | SGD 2.3M | SGD 100K | 4.4% |
| 2024 | SGD 2.7M | SGD 110K | 4.1% |
| 2023 | SGD 1.3M | SGD 90K | 6.9% |
Inventory: S$17,500
Equipment: S$15,000
Equipment: S$5,000
Equipment: S$7,000
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DATA DISCLOSURE
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