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Profitable Hardware Store for Sale in Ipoh, Malaysia

For Sale: Retail and wholesale of hardware tools & fittings, construction material.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 410 thousand
EBITDA Margin 20 - 30 %
Industries Construction Material Wholesale + 1 more
Locations  Ipoh
Local Time 8:49 PM Asia / Kuala Lumpur
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 710 thousand (Native Currency: MYR 3,000,000)
Reason: The owner is relocating. The business is very profitable but it also currently needs expansion to en... View More
Includes physical assets worth USD 107 thousand
Interested to connect with advisors
Documents
Business Overview
- The hardware business has successfully accumulated and built up a steady and large customer base of cash and credit customers & has direct accounts with multiple suppliers.
- The business is currently in operation.
- We have 5 employees in which 2 are in the sales department, 2 drivers, and 1 storekeeper.
- We receive around 18-22 customers on a daily basis who are mostly contractors.
- The promoter has over 15 years of experience in this industry.
- We generate equal sales from wholesale construction materials supply and hardware tools.
Products & Services Overview
Retail and wholesale of construction material, cement, bricks, lime, mining sand, fine sand aggregate, cement beams, hardware tools, fittings, Pvc pipes & fittings, truss, steel, sanitary ware, wash basins, taps, and fittings.
Assets Overview
Inventory worth MYR 300,000, office furniture, shelves, tables, 4 computers, POS system, CCTV, 2 lorries, and 2 forklifts.
Facilities Overview
The store is currently operating in the center of the city in a 1,400 sqm area with a monthly rent of MYR 4,000. The business is also easily relocatable.
Capitalization Overview
- Business has 2 shareholders (one majority and one minority).
- The company is funded by personal shareholder funds and bank loan facilities.
- The firm has a bank loan of MYR 380,000 which will be cleared after the transaction.
Recent Activity
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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.
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