Interesting debt-equity deal, ASEAN's largest magnet stockist company has 300 active clients and growing.

- Electronics manufacturing business based in Singapore with 3 employees and 5 years of experience in the industry.
- The owner has 20 years of experience in this industry.
- Products and services include mag-press, ditch magnets, pre-cast concrete magnets, access door handling magnets (oil & gas) for fabrication in the O&G sector, and retail trade of raw magnets in Asia.
- Clamping magnets, lifting magnets, and separation magnets are distributed.
- Gross GP margin: 45% average, and it is growing 25% YoY, EBITDA is 30%, and the present year sales target is SGD 500k.
- Served 300+ clients and added 4 new accounts per month, with 200 active clients.
- Manufacturing capacity of 20-50 units/month and 6-7 active suppliers.
- 70% B2B and 30% B2C distribution model.
- Patent application in the works.
- Hire part-time employees when full-scale operations are happening.
- Business generates around 20 invoices in a month.
- $0 customer acquisition cost & investing individual or company has access to customer base to promote complimentary products.

* Invented: mag-press, ditch magnet, pre-cast concrete magnets, access door handling magnet (oil & gas) for fabrication & O&G sector.
* Retail trade: largest stockist of raw magnets in Asia.
Distribution: clamping magnets, lifting magnets, and separation magnets.
* Fully owned & developed functional & innovative asset tracking software being used by 2-3 clients & growing gradually.

The business is fully bootstrapped currently with SGD 230k which is the owner's equity (paid-up) & around SGD 100k long-term debt (bank loan) being serviced through operations income. The owner is the sole shareholder and currently the business runs from the operations cash flow.

Tangible assets: stock and lab equipment: About SGD 400k. Intellectual capital for several unique products for 1) the pre-cast concrete industry. 2) the oil & gas industry (patent in process of filing) 3) Oil drilling. Intangible: brand name, goodwill, acknowledged leadership in the domain. We have arguably the largest warehouse for magnets in Asia and are targeting to become a household name and preferred choice for the industry. We have developed a totally breakthrough product for the O&G sector which is a potential regular business of several millions (currently in stealth mode due to the IP application process). We are also in the fully unique space of integrating IoT in the higher-value magnet assembly products we design & produce. We are well-known and active in the public domain with several visible profiles on social media. We are searchable on Google, Facebook, and Instagram, we are a visibly growing brand.