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Profitable And Established EV Chargers Business In Cyberjaya For Sale

Cyberjaya, Selangor, Malaysia
Asking Price:
$70,000 (USD) Furniture / Fixtures and Inventory / Stock included
Turnover:
$130,000 (USD)
Net Profit:
$25,000 (USD)

Established EV Charger Supply & Installation Business for Sale in Malaysia

An opportunity to acquire an established Malaysian EV charger supply and installation business operating in the growing electric vehicle charging sector.

The business was started in March 2023 and has been gradually growing since then. The business generated approximately RM520,000 in revenue in 2023, with an estimated net profit of RM100,000 before the owners' salaries. The business comes with existing inventory valued at approximately RM60,000 at cost, established supplier relationships, a brand, a website and an existing customer base.

The business offers EV charger products and installation services, providing a foundation for a buyer to expand sales through online channels, electrical contractors, automotive businesses and commercial EV charging projects.

The business operates a fully renovated product display showroom in Cyberjaya, Selangor, with an office located at the rear of the showroom for day-to-day business operations and administration.

In addition, a dedicated EV charging test and demonstration bay is available at the lower-ground parking level, allowing customers to experience the EV charging products and charging setup firsthand.

The combination of a physical showroom, on-site office and EV charging demonstration facility provides an integrated setup for product display, customer engagement, business administration and sales activities. This offers a prospective buyer an existing operational base from which to continue and expand the business.

This opportunity is particularly suitable for existing EV charger distributors, electrical contractors, automotive businesses or entrepreneurs seeking to enter or expand within Malaysia's EV charging market.

The owners intend to exit the business, creating an opportunity for a new owner to take over the existing operations and develop the business further.

Further information, including financial details and inventory breakdown, is available to serious prospective buyers.

Property Information

Real Estate:

Lease

Location:

Strategically located at Glomac Cyberjaya, Cyberjaya, Selangor, Malaysia, the business operates from a commercial premises with a product display showroom and office, complemented by an EV charger testing and demonstration bay at the lower-ground parking level.

The location provides an established physical base for serving customers in Cyberjaya and the surrounding Klang Valley area, with opportunities to develop further business among EV owners, property developers, commercial premises and electrical contractors.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The Malaysian electric vehicle market presents opportunities for continued growth in EV charger sales and installation services. The business provides an established foundation for a new owner to expand its market reach, product range and customer base.

Potential expansion opportunities include:

Online Sales Growth: Strengthen digital marketing, search engine optimisation and e-commerce channels to reach more EV owners throughout Malaysia.

Strategic Partnerships: Develop partnerships with EV dealerships, car dealers, automotive workshops, property developers, electrical contractors and fleet operators to generate recurring sales and installation opportunities.

Commercial & Industrial Installations: Expand into offices, factories, commercial buildings, condominiums and other properties requiring EV charging infrastructure.

Product Range Expansion: Introduce additional EV charging solutions, accessories and related electrical products to increase average transaction value and broaden revenue streams.

Geographical Expansion: Extend sales and installation coverage beyond Cyberjaya and the Klang Valley through qualified installation partners and regional distributors.

Showroom & Demonstration Facilities: Leverage the existing product showroom at Glomac Cyberjaya and EV charging demonstration bay to improve customer engagement, demonstrate product functionality and support sales conversion.

The business already has an operating foundation, supplier relationships, inventory and physical facilities in place. A new owner with additional capital, an established customer network or an existing electrical or automotive business could potentially accelerate growth by integrating these resources with its current operations.

Competition / Market:

The Malaysian EV charging market is becoming increasingly competitive, with competition from established EV charger brands, equipment distributors, online retailers and electrical contractors offering EV charger installation services.

The business differentiates itself by combining EV charger product supply with installation services, supported by an established product display showroom at Glomac Cyberjaya, an on-site office and a dedicated EV charging test and demonstration bay.

This setup allows customers to view products in person, understand the available charging solutions and discuss their installation requirements before making a purchase. Established supplier relationships and experience in EV charger sales and installation also provide a foundation for continued business development.

Our products are non-OEM which is why we can compete in price with most competitors in the market. New owner can expand their own product's brands when they see the need arise.

Reasons for selling:

The owners are looking to divest this business in order to focus their time, resources and management efforts on their other core business activities.

This presents an opportunity for a new owner to take over an established EV charger supply and installation business with existing operations, supplier relationships, inventory, customer base and physical facilities.

The decision to sell is strategic and is not due to any underlying operational or financial difficulties with the business.

Trading hours:

Mon-Fri 9pm-6pm
Sat 9am-1pm

Employees:
2
Years established:
3.5

Other Information

Support & training:

We are willing to provide a structured handover and reasonable transition support to ensure a smooth transfer of business operations to the new owner.

Support and training can include:

Product Knowledge: Introduction to the EV charger product range, specifications, features, functions and compatibility with different EV models.

Supplier Relationships: Introduction to existing manufacturers and suppliers, including product sourcing, ordering procedures and procurement arrangements.

Sales & Customer Management: Guidance on sales processes, customer enquiries, quotations, product recommendations and after-sales support.

Installation Operations: Sharing of installation procedures, coordination with electricians and installation partners, and general technical knowledge relating to EV charging systems.

Technical Support: Basic troubleshooting guidance, product testing procedures and warranty claim coordination.

Business Operations: Handover of relevant business information, operating procedures, marketing channels, website and other transferable business resources.

The duration and scope of the handover and training can be mutually agreed upon with the successful buyer, depending on their experience and requirements.

The current owners are committed to assisting with a smooth transition to help the new owner continue business operations with minimal disruption.

Furniture / Fixtures value:
$15,000 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Relocatable:
This business can be relocated