Summary of the business
The group specializes in waste haulage, disposal and recycling services, catering to the construction industry as well as various other sectors.
Company’s Strengths and Uniqueness:
- Fleet and Cost Efficiency – The Group has made substantial investments in its transportation capabilities, building a fleet of 41 containers and lorries over the past few years. With these vehicle costs now fixed, the Group is shielded from rising acquisition expenses.
- Strong Relationships – The Group has developed strong, long‐term partnerships with customers and suppliers, fostering loyalty and collaboration that contribute to stable and reliable business operations.
- Industry Expansion – As the waste management industry grows, the Group is positioned to capitalize on this opportunity.
Financial highlights
| Gross Profit | FY2023 | FY2022 | FY2021 |
| Revenue | 12,468 | 8,336 | 6,183 |
| EBITA | 1,690 | 794 | 747 |
| Sellers Discretionary Earnings (“SDE”) | 3,077 | 1,831 | 1,119 |
SDE is EBITA after adjustment for director’s salary, personal expenses and one‐time costs.
Asking Price
S$16 million to S$20 million