Functional Footwear Business for Sale in Ipoh, Malaysia

For Sale: Franchise unit of one of the fastest growing health footwear brand in Malaysia.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 70 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 25 %
Industries Functional Footwear + 1 more
Locations  Ipoh
Local Time 5:53 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 70 thousand (Native Currency: MYR 290,000)
Reason: - The COVID-19 pandemic hit us too hard as our cash flow took a hit upon shifting the location. Sale... View More
Includes physical assets worth USD 70 thousand
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Business Overview

- A health footwear brand located in Ipoh, Malaysia.

- We run a franchise of this brand. The footwear product helps reduce stress and pain on the feet.

- The product is designed with an inbuilt cushion that helps improve posture and reduce the pressure applied on the heel.

- Products are sold through our outlet located in Ipoh.

- We sell 150-250 pairs of shoes per month.

- The franchise agreement is for 5 years and is renewable for another 5 years post that.

- Recently relocated from a normal business center to a prominent mall with extremely competitive rental rates.

Products & Services Overview

Health Footwear, Diabetic Footwear, Orthopedic Footwear, Skin Cream, Seamless Socks, Ladies Socks, Heel Grip.

Assets Overview

- Inventory of shoe, socks, cream and insoles.

- POS, accounting system, CCTV and HP cashier machine.

- Facebook and Instagram business page with customer base & their phone number database.

- Tenancy deal with landlord for 2 years with option to renew another 2 years.

- Handphone, computer set with barcode scanner, portable sim card router.

- Full shop with high-end customized furniture setup.

- Access to medical clinics and institution that refers patients.

Facilities Overview

The outlet is on rent and has an area of 1,300 Sq. Ft.

There is an office space and a store room too in the outlet.

Recent Activity
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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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