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Kitchen Appliances Company Seeking Loan in Putrajaya, Malaysia

Provider of commercial ice maker machines with a rent-to-own program, serving F&B businesses, seeks funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 120 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin Nil
Industries Kitchen Appliances
Locations  Putrajaya
Local Time 6:13 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 61 thousand for 10.0% annual interest, 5 years (Native Currency: MYR 250,000)
Reason: To expand the company's commercial ice machine rental portfolio by acquiring additional machines, in... View More
Collateral Available: USD 46 thousand
Includes physical assets worth USD 33 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
• 21 commercial ice machines currently deployed under active recurring monthly rental contracts.

• Operates on a 36-month Rent-to-Own business model, generating predictable recurring monthly revenue.

• Customers include restaurants, cafés, catering companies, hotels, convenience stores, and other food & beverage businesses across Malaysia.

• Provides a complete solution including installation, preventive maintenance, water filtration system, technical support, and after-sales service.

• Strong customer retention driven by long-term service contracts and recurring revenue.

• Led by a management team with experience in business development, customer service, and commercial equipment solutions.

• Focused on expanding its recurring asset portfolio by continuously increasing the number of active rental contracts across Malaysia.
Products & Services Overview
We provide ice maker machines.
Our clients include cafes, restaurants, catering companies, hotels, convenience stores, and event organizers. The program allows businesses to own the machine after completing monthly payments, enabling them to enjoy a steady supply of fresh and hygienic ice while managing cash flow effectively.
Assets Overview
Tangible Assets.

Commercial ice machines under active rental agreements (21 units).
Office equipment and operational assets.
Trade receivables from active customer contracts.
Cash and bank balances.

Intangible Assets.
Brand.
Long-term recurring rental contracts.
Established customer base in the F&B industry.
Business website, operating systems, and technical know-how.
Facilities Overview
The business operates from a leased office in Putrajaya, Malaysia, which serves as the administrative, sales, customer support, and operational coordination center. Inventory and machine installations are managed through strategic logistics and supplier partnerships, enabling nationwide deployment without the need for a large warehouse facility.
Capitalization Overview
The business is privately owned by two shareholders and has been funded through founder capital, retained earnings, and shareholder loans. The company has no external equity investors and is currently seeking additional financing to accelerate business expansion and increase its recurring asset portfolio.
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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