Need help?

Newly Established Healthcare Services Business Seeking Loan in Kuala Lumpur, Malaysia

Bootstrapped and debt-free business providing holistic fitness and wellness services seeks funds for ongoing expansion.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 18 thousand
EBITDA Margin 30 - 40 %
Industries Gyms + 1 more
Locations  Kuala Lumpur
Local Time 11:13 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11 thousand for 4.5% annual interest, 3 years (Native Currency: MYR 50,000)
Reason: To increase manpower and acquire a place to work. (The hunt for physical space is underway, and one ... View More
Collateral Available: USD 640
Includes physical assets worth USD 2.1 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Our Team
Business Overview

- 30 active clients for the month of June.

- 18 new joiners with just organic growth and no proper advertisement.

- We expect to get a tender from a corporate company in July and the revenue growth rate will be 80%.

- Diversified revenue stream through group training, personal training, diet plans, massage therapy, and corporate activities and workshops.

- Famous corporate clients include Watson and AmanahRaya.

- 5 staff are full-time while there are 9 part-time trainers and dieticians.

- Our trainers conduct virtual workouts, group workouts in open public areas, and personal training at the client's residence.

- Dieticians create specially curated diet plans and share them with clients over WhatsApp.

Products & Services Overview

Fitness plan, diet plan, healthy food delivery, massage therapy, corporate health & wellness event, consultation, postural assessment, and body composition analysis.

Assets Overview

Tangible assets include training equipment, smartphones, and laptops worth MYR 10,000.

Intangible assets include the legal entity, website, along with certified trainers and dieticians.

Facilities Overview

Hybrid as of now however planning to get an office with 1,000 sq ft in the Shah Alam area. Planning to move in by next month.

We do not have a dedicated physical space, and we conduct training at open lake areas or at the client's residence.

Capitalization Overview

- No debts, 100% funded from the owner's savings.

- Started with MYR 2,000 of capital with advertisement and company registration part.

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

3 Investors contacted this Business this month.
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