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Food Delivery Business for Sale in Kedah, Malaysia

Company providing food & mart delivery services with 22K registered users based in Kedah.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 253 thousand
Run Rate Sales USD 260 thousand
EBITDA Margin 10 %
Industries Mobile Apps + 1 more
Locations  Kedah
Local Time 3:09 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 144 thousand (Native Currency: MYR 570,000)
Reason: Would like to exit the business as the owner is managing the business alone and he is currently focu... View More
Includes physical assets worth USD 2.53 thousand
Interested to connect with advisors
Documents
Business Overview
- Business was established 2 years ago in Kedah.
- Total sales so far crosses RM 2 million.
- Business has more than 22K registered users and over 400 vendors.
- Solely running on Langkawi island at the moment.
- Well known brand in Langkawi.
- We generate revenue through commissions from the vendors.
Products & Services Overview
Food delivery service provider with in-house systems and apps.
We deliver food and groceries to customers.
Assets Overview
-5 set of desktop PC.
-4 set of office tables & chairs.
-1 set of CEO table.
-1 printer.
-20+ rider delivery bags.
-10+ brand new Sunmi Android handheld.
-2 units of aircon.
Facilities Overview
Rented office located in Kuah Town (Mahacity Area), Kedah.
Capitalization Overview
- Capital by personal & business loan from banks total around RM250k.
- 1 owner and sole proprietorship business.
- Fully in-house system & mobile apps development.
- Operation costs around RM20k+ monthly.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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