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Used Merchandise Store Seeking Loan in Klang, Malaysia

Used clothing recycling factory exporting about 25,000 KG of goods everyday needs loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 30 %
Industries Waste Management + 1 more
Locations  Klang
Local Time 12:23 PM Asia / Kuala Lumpur
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for 5.0% annual interest, 3 years (Native Currency: MYR 1,000,000)
Reason: Our suppliers are from Korea and Japan. We require working capital to expand our business and establ... View More
Collateral Available: USD 400 thousand
Includes physical assets worth USD 200 thousand
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Business Overview

- Located in Klang, the factory employs 30 workers and has been in operation since 2009.

- Our business boasts a diverse product range, including clothing, shoes, bags, toys, and more, which are sourced from Japan and then exported to markets in Indonesia, Thailand, Africa, and Pakistan.

- With a robust client base of 10-15 regular clients, the business has established strong relationships with buyers across multiple countries, indicating a steady demand for its products.

- The factory has the capacity to export approximately 250 bales (100 KG each) of goods daily, showcasing a high production capability and potential for scalability.

- Detailed financial information, including business costs and profit margins, can be provided upon request to engage with potential investors better.

- The operations were heavily impacted by the Covid-19 pandemic and the floods that occurred in Klang, Malaysia but the business is now looking to make a solid comeback.

Products & Services Overview

We mix used goods imported from Japan and sort them at our Malaysia factory further re-exporting them to SEA nations. Top selling products include:

- Clothing.

- Shoes.

- Bags.

- Toys and much more.

Assets Overview

Tangible assets -: Machines, forklifts, trucks etc. We are willing to share a detailed list of all the assets with an interested investor.

The business also owns a land worth MYR 2 million which was acquired for a factory but is not being used at the moment, the land is being used as the collateral for the loan.

Facilities Overview

We have a 40,000 sqft warehouse which we recently rented and moved from our old factory to the new one.

Capitalization Overview

The business is totally funded by the current director without any partner. The company has no loans or debts at the moment.

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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