Need help?

Marine Passenger Transport Company Investment Opportunity in Lumut, Malaysia

Strategic private jetty expansion seeks investors to scale-up services; turnover MYR 13 million, 18-acre property.
This transaction has concluded.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales INR 20 - 30 crore
Run Rate Sales INR 26.6 crore
EBITDA Margin 10 - 20 %
Industries Marine Passenger Transport + 1 more
Locations  Lumut
Local Time 1:27 PM Asia / Kuala Lumpur
Listed By Management Member
Status Recently Active
Overall Rating
Partial Stake Sale
INR 101 crore for 40.0% stake (Native Currency: MYR 50,000,000)
Reason: We are seeking this investment for: - Increasing the jetty terminals. - Constructing car parks and... View More
Includes physical assets worth INR 125 crore
Interested to connect with advisors
Documents
Business Overview
- Strategic location: Positioned as the nearest jetty to Pangkor Island, providing a mere 10-minute ferry ride, creating a significant competitive edge over other terminals in Lumut town.
- Comprehensive service offerings include marine passenger transportation, car parking, and retail outlet rentals, alongside docking services that align with regional demands.
- Dominant market presence with more than 100 ferry trips weekly, supporting over 2 million annual visitors, indicating high customer engagement and consistent traffic flow.
- Diversified revenue streams through a mix of marine transportation, efficient parking solutions, and fully occupied retail spaces since the business's inception, highlighting stable tenant relationships.
- Current infrastructure supports 30 jetty terminals, providing essential facilities for bustling marine activity and underpinning future developmental ambitions.
- Proposed enhancement into a mixed-use Transit-Oriented Development (TOD) promises dynamic growth with plans to include a shopping complex, multi-level parking, and a logistics hub, strengthening its positioning as an all-encompassing maritime and commercial hub.
- Potential for expansion and increased revenue with planned upgrades, reflecting alignment with evolving consumer and market needs for integrated service offerings.
Products & Services Overview
The business's top-selling services:
- Marine passenger transportation.
- Car parking.
- Renting out retail outlets.
- Also provides docking services.
We plan to upgrade into a mixed-use TOD project, featuring a shopping complex, multilevel parking, and a logistics hub.
Assets Overview
Tangible assets: owned 18.01 acres of land valued at MYR 50 million and a jetty complex.
Facilities Overview
Operates from an owned facility.
Land area - 18.01 acres.
Jetty complex - 3 floors, 30 retail shops and 500 car parks.
Capitalization Overview
2 private shareholders and financing with banks of around MYR 40 million.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more