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Insurance Agency for Sale in Kuala Lumpur, Malaysia

Registered and licensed Insurance claim assessment and takaful loss adjusters in Malaysia operating since 1985.
This transaction has concluded.

Established 40-50 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 165 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Insurance Agencies
Locations  Kuala Lumpur
Local Time 7:36 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 940 thousand (Native Currency: MYR 4,000,000)
Reason: Long-established family business with good rapport in the industry. Chances to expand further, howev... View More
Includes physical assets worth USD 470 thousand
Interested to connect with advisors
Documents
Business Overview
- Insurance claim assessment and takaful loss adjustment company running since 1985.
- We offer claim assessment on motor and non-motor loss such as own damage, theft and accident damages.
- Working with Malaysian Central Bank and Ministry of Home affairs as insurance and takaful operators.
- We conduct a fair and efficient investigation and gained good reputation in the industry.
- Promoters have more than 30 years of combined experience.
- Business owns 2 offices, vehicles, furniture, computers, license and website.
Products & Services Overview
Motor and non-motor loss adjusting services. Specifically on own damage, theft and potentially expand to non-motor insurance loss adjusting.
Facilities Overview
We operate from 2 owned facility as our headquarters and have mobile offices in Kota Bharu, Penang, Kuantan, Ipoh, Malacca, Johor, Kuching and Sabah.
Capitalization Overview
Not Disclosed
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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