Mobile App for Sale in Petaling Jaya, Malaysia

For Sale: Company operating a digital economy community marketplace with 11,000 users.

This Business is on a Premium Plan

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	USD 85 thousand
Run Rate Sales	USD 160 thousand
EBITDA Margin	Operating at loss
Industries	Mobile Apps + 1 more
Locations	Petaling Jaya
Local Time	8:15 PM Asia / Kuala Lumpur
Listed By	Business Owner / Director
Status	Active

8.2 / 10

Compare with industry

Full Sale

Asking Price: USD 560 thousand (Native Currency: MYR 2,500,000)

Reason: - The owner wants to exit the business. - The valuation is based on the projected sales and Goss Me... View More

Includes physical assets worth USD 18 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Domain-Verification.pdf (212.8 KB)

Business Overview

- The company aims to digitalize the businesses of merchants in Malaysia to provide value-added services.

- The application was launched 2 years ago.

- Currently have 11,000 users and 200 merchants on the platform.

- 10 transactions take place through our on a daily basis.

- We generate sales by charging 6-12% commission on sales.

- The business is currently running under loss since there are not many transactions taking place through our platform.

Products & Services Overview

Online market place for merchants and vendors.

Assets Overview

Tangible assets include office furniture, 16 laptops, and 4 desktops.

Intangible assets - website and mobile app.

Facilities Overview

Office located in the center of the city on 2,700 sq ft with a monthly rent of MYR 3,600.

Capitalization Overview

- The business is funded through personal funds.

- The company has 1 director and has no debts or liabilities.

Recent Activity

Earlier than 15 days
Founder, PropTech (Property Technology), Kuala Lumpur, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Software Engineer, IT, Hong Kong, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Investor, Growth & Marketing Strategist, Investment, Business & Marketing Growth, Kuala Lumpur, Individual Investor / Buyer connected with the Business

Tags:

Online Marketplace Company for Sale in Petaling Jaya, Malaysia

Purchase Online Marketplace Company in Petaling Jaya, Malaysia

Buy Online Marketplace Company in Petaling Jaya, Malaysia

Mobile App for Sale in Petaling Jaya, Malaysia

Purchase Mobile App in Petaling Jaya, Malaysia

Phone App for Sale in Petaling Jaya, Malaysia

Purchase Phone App in Petaling Jaya, Malaysia

Buy Mobile App in Petaling Jaya, Malaysia

Buy Phone App in Petaling Jaya, Malaysia

Online Marketplace Company for Sale

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

5 Buyers already contacted this Business.
Register below to connect now!

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?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial metrics …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more

Mobile App for Sale in Petaling Jaya, Malaysia

Frequently Asked Questions

Frequently
Asked
Questions