EZ MOBILE STORE

EZ MOBILE STORE

Project Title Online grocery store
Current Status Concept – Business Plan Ready
Amount Invested RM15,000
Funding Required RM300,000 or less
Description E-commerce & M-commerce business model , Selling grocery , house hold product , health& beauty , office appliance , electronic accessories . Order via mobile app or website . delivery to home .
Business Opportunity Solve the main problem as Malaysian facing today which is shortage of time to get house hold product , grocery , baby product and so on . market entire malaysia , but due to capital issue , will start at JOHOR first . then expand to KL , Penang & Malacca .
Revenue / Business Model Our business make money from product that we sold . Same as traditional grocery store . what make us special is we do delivery . and consumer can order product by the smartphone they holding everyday .
Management Team Based on the capital amount investors invest to our business . planned to have product & stock management team , social media marketing team , delivery team .
Company Background August 2016 , start developing mobile application and website . complete July this year . Now looking for product distributor . and lastly capital to start the business .
Funding Milestone RM50,000-RM70,000 . buying product ,social media marketing, hire management team , delivery team .
% Equity Allocation 10-12
Expected ROI 10-20%
Risks and Mitigation Delivery costs and product damage . to lower the costs of delivery we will work closely with delivery team, Exp: time and product for single delivery man carry .hire part time delivery team if necessary .
Exit Strategies Sell the share back to us , or new investors . when business expand more than 3 cities .
Company Name EZ MOBILE STORE
Website/Facebook http://ezstore.m3online.com
Business Address No 7, Jalan Lembah 32 , Taman Desa Jaya , 81100 Johor Bahru , JOHOR
Contact Person Mr.SOH
CAPITAL.MY