Payment Services Company for Sale in Malacca, Malaysia

- Established money changer business in Malaysia offering currency exchange and international remittance services.
- Provides competitive foreign currency exchange rates for customers travelling abroad, returning home, and sending money internationally.
- Handles approximately 250–300 transactions per day across its network, covering 30+ currencies.
- Has operated in the market for approximately 20 years, providing an established operating track record and customer base.
- The business operates through 8 outlets: 3 in Kuala Lumpur including the headquarters, 3 in Melaka, 1 in Johor, and 1 in Subang Jaya.
- The company recently opened 2 new branches, increasing its operating footprint but also creating additional working-capital requirements.
- The business is currently loss-making due to a lack of capital following a loss involving a former partner. It was profitable in the previous year.
- Management estimates that revenue could potentially double with a capital infusion of approximately MYR 4–5 million, supporting the newly expanded branch network and business growth.
- Revenue is generated through foreign currency exchange transactions and remittance services.
- Additionally, hires contract employees to support operations.
- Holds a Class C Money Services Business License issued by Bank Negara Malaysia, supporting its currency exchange and remittance operations.
- The established branch network, long operating history, transaction volumes, and regulatory licence provide a platform for a new investor or partner to recapitalize and grow the business.