Government Pre-Approved Grants Vendor

Overview

E-commerce, digital marketing and software development agency in Woodlands, Singapore, operating as a government pre-approved vendor. Clients who sign up for its services can benefit directly from government grants. The company was incorporated in 2020 and has 5 staff, with the owner working in the business full time. It operates from a rented 1,500 sq ft office in an industrial complex in Woodlands at about S$2,000 per month; the rental deposit is included in the price. Receivables of about S$500,000 are also included in the price. The seller reports monthly revenue of roughly S$50K to S$100K and net profit of roughly S$10K to S$20K. The owner is looking for partners or investors to help expand overseas (Thailand and Indonesia for IT/AI services), or is open to selling the business outright to focus on a retail business. Support and training on building e-commerce sites and delivering digital marketing services will be provided. Suited to buyers with an IT/tech background. English and Chinese spoken. Asking price: S$1 million to S$5 million, negotiable. Open to partners/investors or a full sale. Contact via WhatsApp: +65 8180 6299