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Marine And Simulation Training Centre East Malaysia For Sale

Sarawak, Malaysia
Asking Price:
$1M - $5M (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Marine and Simulation Training Centre for Sale East Malaysia
Listing No. 060-10-11-001

• Business: Marine Simulation and Training Facility
• Location: Sarawak and Sabah, Malaysia
Features: This long established and certified business operates from leased premises in Sarawak (the main headquarters and a training centre) and Kota Kinabalu (training centre). Sarawak is able to accommodate around 135 students at any one time and has 7 classrooms and 4 marine simulator rooms. The branch office in Kota Kinabalu accommodates around 35 students at any one time (2 classrooms and 2 marine simulator rooms). This location also has a smoke-house simulator located at a fire training ground and a survival training platform on a pontoon/barge in the protected area of the Tunku Abdul Rahman Marine Park off the city of Kota Kinabalu (next to Gaya Island). Sarawak space is a whole floor of a building and is 975m2 and Kota Kinabalu is 2 shop lots with a total area of 325m2. Both facilities located in city areas and are within 15 minutes' drive of airports.
Licensing and Accreditations are in place. It has approved license for internationally recognized training by the Malaysian Marine Department and license for training claims by employers via the Human Resource Development Fund (HRDF) and city council license to operate as a business. The business is ISO 9001 Quality Management System (QMS) accredited. The company is also a member of the Malaysia Maritime Education and Training Association MyMET), of which the owner holds a senior position and acts as the focal point in dealing with training matters affecting the industry, with the authority (ie, The Malaysian Marine Department).
The business is currently the only centre in East Malaysia approved to conduct simulator based mandatory training for seafarers, and only one of two centres in the whole of Malaysia approved. They provide highly specialized training, especially the simulation related courses and currently have the only active offshore vessel simulator in Malaysia. In all, they have around 30 approved and customized training courses in portfolios covering marine, ports and offshore modules. The company also has packaged training for crew intending to join international cruise ships. Their list of clients is impressive and includes staff from companies like Brunei Darussalam. Suffice to say, the training centre is well known among the marine, oil and gas stakeholders in Malaysia. In 2018, the company was presented with the "Outstanding Performance Award for Maritime Training Institution for 2018" at the Malaysia World Maritime Week 2018 Conference and Exhibition in Kuala Lumpur. A full client list will be transferred to a new owner, and transition training will be provided by the current owner for a period of 3 months, if required.
This is a 'lock, stock and barrel sale', inclusive of equipment, licences, training materials, documentation and online certificate printing on behalf of the Government (SDPx). Profitable, turn-key and awaiting a new owner.
• Tenure: Business for Sale (Leasehold Premises). 2 years with option to renew (rolling lease)
• Asking Price: MYR 5,700,000
• More Information: Please contact us for more detailed information (we require your name, phone number and e-mail address)

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