Need help?

Mid-market Convenience Store for Sale in Puchong, Malaysia

Neighbourhood grocer in Bandar Kinrara, serving 70-80 customers/day in a growing residential area.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 11.7 million
Run Rate Sales USD 11.7 million
EBITDA Margin Nil
Industries Convenience Stores
Locations  Puchong
Local Time 8:33 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 43 thousand (Native Currency: MYR 180,000)
Reason: The owners are engaged in other businesses.
Includes physical assets worth USD 43 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
SSM Registration
Business Overview
- Grocery store situated in the rapidly developing area of Bandar Kinrara, Puchong.
- With 2 years of operational history, the store has become a local favorite, consistently attracting 70-80 customers daily, with potential for increased traffic as as more customers are still discovering this neighbourhood gem of a complete grocer.
- Employees include 2 cashier-storekeepers and 1 storekeeper-cleaner and 2 owners who are sufficient to run the operations without the need for additional temporary staff.
- Currently at break-even point due to high operational costs, hinting at opportunities for cost optimization and revenue growth as the store gains popularity and lowers operational expenses.
- The store benefits from a robust procurement network, sourcing diverse products from suppliers located throughout Malaysia.
Products & Services Overview
Products include:
- Frozen-sealed chicken, pork, fish, prawn and squid.
- Frozen-sealed vegetarian food with assorted flavours.
- Fresh vegetables (replenished weekly)
- Fresh fruits (replenished weekly)
- Assorted organic off-the-shelf products.
- Assorted canned food products.
- Assorted bottled products.
- Assorted dairy products.
- Snacks, dry goods, fruits, ice-creams and cold-drinks.
Customers include local residents, working professionals, and families who visit the grocery store.
Assets Overview
Physical assets include:
- All existing stock in the shop at the time of sale.
- 4 unit fridges (3 heated glass door type)
- 1 unit fridge (2 heated glass door type)
- 5 unit freezer (display glass sliding door type)
- 1 large freezer (top cover door type)
- 3 unit ceiling fan.
- 2 unit ceiling air-conditioner.
- 1 unit wall-mounted air-conditioner.
Facilities Overview
- Operating from a rented facility of 143 sq. ft on the ground floor, in a prime location facing the main street. The rent is MYR 4k per month.
- 3-phase ECB electrical unit is ready for any required expansion, if needed.
Capitalization Overview
- Self-funded.
- Debt-free entity.
- Owned by husband and wife with 50/50 ownership split.
Recent Activity
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.
Contact Business
1 Buyer already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    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