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Rented Commercial Property for Sale in Ipoh, Malaysia

For Sale: Fully renovated food court inside a mall with seating tables and chairs for 300-400 people.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 20 %
Industries Food Carts + 1 more
Locations  Ipoh
Local Time 9:37 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: MYR 500,000)
Reason: Looking to migrate overseas along with family.
Includes physical assets worth USD 70 thousand
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Business Overview

- Food court in a mall located in Ipoh, Perak.

- Facility was completely renovated recently.

- Food court has 15 outlets and all the shops are rented out.

- Have restaurants and cafes that serve Asian food, drinks, beverage, hot and spicy food, Malay, Chinese, Indian food.

- Facility also cater to events, functions and government sectors.

- Total area of the facility is 19,000 sq ft.

- We have taken the space on lease and it can be transferred to the new buyer.

- Have a 100% occupancy rate.

- We generate revenue by collecting rent from the tenants.

- We do not have to do anything as the tenants will run their own businesses. We just have to keep the facility clean and collect monthly rent.

- Shops have a minimum 1-year agreement with us and usually they renew it every year.

Products & Services Overview

Have a food court inside a mall with 15 outlets that sell different types of food and also cater to events, functions and government sectors.

Assets Overview

Goodwill, cooking utensils, forks and spoons, trays, dishwasher equipment.

Facilities Overview

Leased 19,000 sq ft food court is located on the second floor next to the cinema theatre. Lease is done for 5 years and it is renewable.

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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