| Current Status | Revenue Generating, Pre-Profit |
| Amount Invested | RM400,000 |
| Funding Required | RM700,000 |
| Description | We are young malaysians trying to revive all the ‘Grandparent’s Shop’ in Malaysia. These shops are traditional bricks and mortar businesses include Hardware Shops, Boutiques, Furniture Shop and etc. We are able to transform and modernize their business to battle with growing e commerce websites and shopping malls. |
| Business Opportunity |
400,000 local shops across Malaysia (According to Valuation Department Malaysia)
First 24 months: 100,000 shops across Klang Valley |
| Revenue / Business Model | xxxx |
| Management Team |
Renowned IT Developer (Who developed Apps for Petronas, Samsung and etc) is our shareholder/IT Partners
Founder: Graduated from Top 1 Real Estate Uni in UK (BSc in Real Estate). Worked in Multinational Real Estate firm (JLL Malaysia) and Public Bank Berhad Co Founder: Finance and Marketing Guy. Graduate from BSc Finance and Business Management, managed various huge marketing events like JOM Heboh. Salesperson: 2 In house Experience Photographer/Sales Ambassador |
| Company Background |
Incorp: 22/02/2018
App Launched: December 2018 Featured more than 200 Local Shops Paid Subscriber on App: 80 (Include big brands like Kamdar, One Living, Malaya Optical and etc) Revenue Generated: RM75,000 ++ |
| Funding Milestone |
RM700,000
25% will be utilised to expand ‘After Sales Team’ and ‘Sales Team’ (expecting to recruit 6 experience sales person to penetrate new areas) 25% will be utilised to form ‘Shop Hubby Local Shop Association’ (Referral sales will be next phase on our business plan) 25% will be utilised to Upgrade Our Mobile Application and Website (Adding new feature like FB Live Video Links) 25% will be OPEX for the next 6 months (HR System Implementation, Marketing Events, Branding Strategy) |
| % Equity Allocation | 10 |
| Expected ROI | 10x in 3 years |
| Risks and Mitigation |
Risk:
Sales going slow Inexperience Founder Mitigating Factors: Capability to pivot strategy to achieve set KPI Recruitment of talents (HR to manage sales person, Investors as our business consultant) |
| Exit Strategies | Expected to be listed on LEAP within 5 years |
| Company Name | Shop Hubby Sdn Bhd |
| Website/Facebook | http://www.shophubby.com |
| Business Address | Sandbox Co Space, 22-1, Jln Radin Bagus 3, Sri Petaling, 57000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur |
| Contact Person | KJ Chow |
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