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Ref NoL957/RGS-02
StateEntire Malaysia
Kuala Lumpur
LocationKlang Valley
CategoryEngineering / Finance

Money Remittance Outlets

The business premises is strategically located in Northern and Central Region and has been licensed to operate as Money Transfer Agency since 2015.

The benefit of this business, new investor can sign up with Petrol Mart to tap on their network to expand the business. Able to request higher incentive from the bank once next outlet is ready to open. It’s ready to apply for Money Exchange License if wanted. However, there is no limit of number of branches can be opened, just need to get Bank Negara Malaysia (BNM) approval of the locations. Each outlet of license will cost approximately RM 100k.

Bank will support marketing fee including premium gift, promoters, marketing event, branding etc. Furthermore, all the premises for the purpose of operating the business is under Bank sponsor, and support new outlet open at least half of the renovation.

This is an excellent opportunity to purchase a ready to go business not to mention the enviable trading position and branding as one of the world largest agency and fastest growing brand in Malaysia. The requirement to takeover this business, new shareholder and director must go through the Bank Negara Malaysia screening and approval.
Remark :

Monthly Profit

Available on Request

Asking Price

RM 500,000
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