Medical Supplies Company Seeking Loan in Puchong, Malaysia
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 380 thousand |
Run Rate Sales | USD 380 thousand |
EBITDA Margin | 20 % |
Industries | Medical Supplies |
Locations | Puchong |
Local Time | 4:30 PM Asia / Singapore |
Listed By | Business Owner / Director |
Status | Active |
1. Establishment during the Pandemic: The company was established during the COVID-19 pandemic, demonstrating resilience and adaptability in challenging times.
2. Impressive Client Growth: Over the past three years, we have experienced remarkable growth, expanding our client base from 30 clinics to 280 clinics. This significant increase underscores the effectiveness of our business model and the value we provide to our clients.
3. Secure Distribution Partnership: We have successfully secured a distribution partnership with a local pharmaceutical manufacturer, enabling us to offer high-quality products to our clients, including our flagship pharmaceutical product, Glycerin of Thymol. Additionally, we plan to expand our product portfolio by adding a Medical Device Authority (MDA) approved item from Korea by the end of this year, capitalizing on the relatively high margin of this product.
4. Experienced Founder: Our founder is a registered pharmacist with eight years of experience in the pharmaceutical industry. His expertise and insights drive the strategic direction of the company, ensuring alignment with industry best practices and regulatory standards.
5. Strong Business Relationships: We have cultivated strong and mutually beneficial relationships with our clients, suppliers, and partners. These relationships are built on trust, reliability, and a commitment to delivering value at every touchpoint.
6. Awards and Recognition: While we have not yet received awards, our dedication to excellence and customer satisfaction positions us as a contender for future recognition within the industry.
- Overall, the company is a dynamic and growing enterprise with a clear focus on delivering quality pharmaceutical products and services while fostering long-term partnerships and driving innovation in the healthcare sector.
- The business is able to generate high revenue with fewer employees as we just store and distribute the products and do not manufacture anything.
- The business only requires an SSM certificate and NPRA wholesale license.
> Wholesaler pharmacy, with no MOQ.
> We supply 700+ SKUs to all medical practitioners in Malaysia.
> Our KPI delivery rate is 48 hours.
The tangible and intangible assets owned by the business include:
1. Machine equipment (including HP, PC) valued at MYR 10,000.
2. Shelves in the pharmacy worth MYR 8,000.
3. Stock inventory estimated to be worth MYR 750,000.
Our facility is housed in a two-story building with a total built-up area of 3,800 square feet. We have leased the premises for a period of three years. The facility is located in Taman Damai Utama.
Presently, the business is funded through various sources, including:
- Personal investments from the shareholders, with ownership stakes of 80% and 20% respectively.
- The director's personal loan amounting to MYR 270,000.
- Diluted equity of MYR 250,000.
- Peer-to-peer (P2P) loan of MYR 262,000.
- Friendly loan of MYR 270,000.
These funding sources have been instrumental in supporting the operations and growth of the business.
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5 days, 22 hours agoDirector, Manufacturer Of Medical Gloves, Klang, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSales Manager, Petaling Jaya, Financial Consultant connected with the Business
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Earlier than 15 daysConnecting Companies With The Right Investor, Sydney, Financial Consultant connected with the Business