Auto Identification Solution Provider My Business For Sale

Age of Business: 20 years
Annual Revenue: RM 10.8 mil
Seller's Discretionary Earnings: RM 1.8 mil
Indicative Price: RM 16 Mil (Include a property of RM 3.5 mil)
Location of Business: Malaysia
Seller Financing: Yes
Reason for selling: Owners’ retirement

Fey Day presents an auto-identification technology (barcode) solution provider in Malaysia. This company has been operating for around 20 years with presence in KL, Penang, Melaka and Johor. They distribute products from leading bar code scanners and printers brands to B2B customers. (Mainly enterprises with small percentage from SMBs) Total headcount in Malaysia is 30.

Competitive Advantage:

1. Complete range of tracking solution include hardware, software, installation, implementation, maintenance service after sales.
2. Serving approximately 800 customers from diverse industries, with 40% coming from manufacturing and electronic & electrical sector.
3. Inhouse sales team of 10 with 1 marketing folk, spread across Johor, Kuala Lumpur, Penang and Malacca.
4. Software-as-a-service (Saas) business was being developed over the last 2 years and recently launched. 20 customers with maintenance on the software presently.

Average gross profit margin ~ 30%
Marketing channels: Social media, google search, exhibition and direct mailing.
Product Distribution: auto-ID products like bar code, magnetic, smart card, RFID (Radio Frequency Identification) and biometrics products

Owner can stay up to 24 months during the transition phase.

For more interesting businesses for sale in Singapore and Malaysia, please visit www.feyday.com