Food Delivery Company Investment Opportunity in Kuala Lumpur, Malaysia
Hybrid food and parcel delivery platform/mobile app developed by a software company seeks investment.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 23 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Mobile Apps + 1 more |
| Locations | Kuala Lumpur |
| Local Time | 5:02 PM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
48 thousand
for
40.0%
stake
(Native Currency: MYR 200,000)
Reason: Current operations are focused only on the Malaysian market, but we are also planning to expand in S...
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Includes physical assets worth
USD
24 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- We are an hybrid food and parcel delivery platform and mobile app that began 2 years ago but then decided to redesign the entire UI / UX of the platform, turning it into a platform that not only handles food delivery services but also assists our vendors in a wide range of marketing efforts.
- Our registered office is in Malaysia and our current operations are in both Singapore and Malaysia. The owner of the business is based in both countries.
- Have both Android and iOS apps with more than 6,000 downloads.
- Have up to 40 vendors at the moment, but the numbers can be increased by 25-30 vendors per month by expanding our markets. Our vendors are basically restaurants, cafes, food distributors, home cook and shopping malls.
- On an average, we receive about 120-180 orders per day through our platform.
- Platform generates revenue by charging commission on each orders from the vendors.
- We were also the official partners of a food festival event and appeared in Penang national newspapers.
- Our assets include website, domain, vendor list, customer database, and office equipment.
- Promoter has more than 5 years of experience in UI/UX and tech research field.
- Our registered office is in Malaysia and our current operations are in both Singapore and Malaysia. The owner of the business is based in both countries.
- Have both Android and iOS apps with more than 6,000 downloads.
- Have up to 40 vendors at the moment, but the numbers can be increased by 25-30 vendors per month by expanding our markets. Our vendors are basically restaurants, cafes, food distributors, home cook and shopping malls.
- On an average, we receive about 120-180 orders per day through our platform.
- Platform generates revenue by charging commission on each orders from the vendors.
- We were also the official partners of a food festival event and appeared in Penang national newspapers.
- Our assets include website, domain, vendor list, customer database, and office equipment.
- Promoter has more than 5 years of experience in UI/UX and tech research field.
Products & Services Overview
Hybrid based food delivery platform.Parcel delivery.
Cross country loyalty systems.
Assets Overview
Physical assets include - office equipment, and intangible assets include - database, application, social media presence, AR glass technology, AR hard code.
Facilities Overview
Rented 1,200 Sq. Ft. backend office space with a monthly rental of MYR 2,500.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, IT Consulting Services, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Facilities Management, Staffing & Outsourcing., Saudi Arabia, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Technology - Software Development, Singapore, Individual Investor / Buyer connected with the Business
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