Profitable Mobile App Investment Opportunity in Kuala Lumpur, Malaysia
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 130 thousand |
EBITDA Margin | 60 % |
Industries | Mobile Apps |
Locations | Kuala Lumpur |
Local Time | 7:45 AM Asia / Kuala Lumpur |
Listed By | Business Owner / Director |
Status | Moderately Active |
- 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.
- Mobile repair for physical damages.
- Intend to introduce new plan that fixes software damages.
We have a rented office in Kuala Lampur that has an area of 1,500 Sq. Ft.