Newly Established Chocolate and Confectionery Company Seeking Loan in Kuala Lumpur, Malaysia

Compay planning to start interactive chocolate experience center with factory plant cum retail store targeting tourists.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Local Time
9:07 AM Labuan Federal Territory
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.8 million for 12.0% annual interest, 2.0 years (Native Currency: MYR 7,600,000)
Reason: It took us 3 years to plan the business ideas and strategies to make affordable chocolates for the c... View More
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Newly incorporated company located in Kaula Lumpur, Malaysia.

- We are planning to set-up an interactive chocolate factory experience for tourists where they can watch the process involved in chocolate making and purchase chocolates.

- Our targeted customers are inbound tourists. Currently, Kuala Lumpur alone has more than 6,000 registered travel agencies that bring in between 500 to 1,000 busloads of tourists to Kuala Lumpur every month.

- According to a report from the Malaysia Tourism Association, last year 25 million tourists visited Malaysia and spent a total of more than RM 80 billion of which RM 5.5 billion was spent on chocolate products.

- We have tied-up with more than 30 Malaysia inbound travel agencies that will include our chocolate center in their tour.

- We are supported by Malaysia Tourism Association. Once the project is completed MTA will mention our business in their Malaysian tourism book and on their website to advertise our business.

- The factory will have a retail store where customers can purchase the products at the end of the tour.

- We would start the operations within 5 months of receiving the funds.

- To date, there are 4 direct competitors that recorded a total average annual revenue of RM 250 million. Next year is Visit Malaysia Year and an even higher number of tourists are projected. The Malaysian government has announced to receive 30 million tourists by next year.

- Extensive market surveys on the business concept as well as the final products have been conducted for the past 6 months and findings are exceedingly positive. Costings have also been carried out with projected P&L for the next 3 years.

- We have also secured the support of potential clients by leveraging promoter's past business connections in this area.

- Business owns chocolate recipe, industry study, business strategy and few equipment.

Products & Services Overview

We would provide a full range of chocolate products. Types of chocolate include artisan chocolate, chocolate with Malaysia tropical fruits, nuts, spices, chocolate spread among others.

Facilities Overview
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
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 can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more