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Newly Established Petrol Bunk Seeking Loan in Sungai Buloh, Malaysia

Pre revenue petrol bunk with SSM license and experienced promoters seeks funds for kick-starting operations.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Petrol Bunks
Locations  Sungai Buloh
Local Time 1:43 PM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 450 thousand for 10.0% annual interest, 10 years (Native Currency: MYR 2,000,000)
Reason: Require funds for kickstarting operations.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Company plans to establish a petrol bunk in Selangor.
- Promoters bring 3 years of industry experience.
- Location for petrol bunk identified.
- Licenses, including SSM, secured.
- Will cater to both 4 wheelers and 2 wheelers.
- Intention to franchise with a major petroleum player.
- Estimated setup time: 3-6 months.
- Anticipated annual revenue: MYR 900,000.
- Since we have done our research and expect to start revenue soon, we will be able to fund the interest from our revenue.
- Future expansion into sugar and petroleum trading planned.
Products & Services Overview
Planning to start a petrol bunk in Selangor.
Assets Overview
The business doesn't have any significant assets.
Facilities Overview
WFH model, no physical facility yet for the company.
Capitalization Overview
Sole owner.
Self funded.
No loans or debts.
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3 Investors viewed this Business this week. Register below to connect now!
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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