The company is with full set of government & local authority licenses in O&G retailing field. Reason selling: migrating to oversea. Business profitable since the 80's till today. ROI ~25%/annual for 4 years if invest RM250k. Fixed contract customers 60% while 40% is household (90% is returning customers).
Background: started in early 80's, changed hand to daughter in early 90's till now, planning to retire & exploring for migration option. Thus looking for sincere new owner to continue on due to strong household brand in the district region.
Financial condition: 0 debt, 0 overdraft, very light asset worth RM15k, rented premium at monthly rate RM500 as store yard
Most valuable: PDA license with option to be stockist, goodwill of RM30k that keep monthly fix customer of ~2k ea.
Revenue: RM800k ++, net margin 10%
Business loan / overdraft finance from bank for new owner is positive.
(note: unless stated RM, all price is in US$)
Contact us on Merar if you are interested investor.