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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.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 230 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 10 %
Industries Mobile Apps + 1 more
Locations  Kedah
Local Time 12:18 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 130 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 2.3 thousand
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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.

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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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