Profitable Mobile Apps Company Investment Opportunity in Kuala Lumpur, Malaysia

App that helps users request for mobile repair for physical damage and service.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 140 thousand
EBITDA Margin
60 %
Industries
Local Time
12:53 PM Malaysia
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 240 thousand for 50.0% stake (Native Currency: MYR 1,000,000)
Reason: Require investment to expand operations and for promotion and marketing purposes.
Includes physical assets worth USD 13 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We have developed a mobile app that helps users request for mobile repair services.

- Have been in operation since the beginning of 2018 and we are based in Kuala Lumpur.

- So far we have 350 app downloads.

- Users once registered on the mobile application can opt for a plan that allows them to get their phone fixed from certain physical damages. This plan is valid for 6 months and can be renewed.

- Users can either go to one of our agents located close to them to get the phone fixed, or can choose to have someone come to their house and fix it.

- At present we have tie ups with 15 agents in Kuala Lumpur. Our aim is to have 1 agent for every district.

- Agents run their own mobile repair shops, and we pay them commission for every mobile device they fix.

- At present we only repair hardware damages.

- We intend to introduce a new plan soon, which will include software repair as well with a validity period of 1 year.

- The goal is to cover entire Malaysia within the next 2 years.

Products & Services Overview

- Mobile repair for physical damages.

- Intend to introduce new plan that fixes software damages.

Facilities Overview
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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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