0 Items

A leading supplier in Malaysia equine industry

S$2,722,915

Enquiry

Call now for discussions

+65 6356 9138

Description

Established 21 years ago in 1999, we started with the mission to supply premier products and services to the horse racing community in Malaysia.

Since then, we have expanded our products and services to include Equestrian, Polo and Endurance Racing. We import internationally recognized brands for retail and distribution to racing stables, riding clubs, polo facilities and other equine operations.

Today we are recognized as the leading supplier in the equine industry with over 65% market share in Malaysia racing market.

This is a very profitable industry with high annual growth rate, few competitors and excellent support from the government.

Call us for further discussion and don’t miss this rare opportunity.

Price

S$ 2,722,915 (Includes about S$1M net tangible assets)

Location

West Malaysia

Revenue

S$ 2,800,000

Net Profit

S$ 170,000 (after S$500,000 owner remuneration)

Company Type

Private Limited

GST Registered

Yes

Years In Business

Since 1999

Why Did We Set Up

High demand products and services with little competition

Owners Role

Managing

Owners Background

Businessman, remuneration at S$500,000

Our Achievement

Leader in the industry. Sole distributorship for 2 popular brands

Our Customer

Racing stables, riding clubs, polo facilities and other equine operations

Our Competitor

Very few

Manager

3

Full-Time

4 (excluding managers)

Part-Time

Nil

Premise Size

5000 sqft

Lease Term

3 years

Rental

S$2,000 /month

Trading Hours

9.00am - 6.00pm

Relocatable

Yes

Reasons For Selling

To grow the company

Cash For Expansion

Nil

Back Up Cash

Nil

Staff Staying

Yes

Training By Owner

Yes. 1 year

Expansion Potential

Yes