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Apparel and Accessories Company for Sale in Riga, Latvia

For sale: Apparel production and trade business receiving 80-100 monthly orders located in Latvia.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 135 thousand
EBITDA Margin 10 - 20 %
Industries Apparel and Accessories
Locations  Riga
Local Time 1:46 AM Europe / Riga
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 39 thousand (Native Currency: EUR 35,000)
Reason: This project has been done with the soul and heart, with the orientation to the client. We are looki... View More
Includes physical assets worth USD 17 thousand
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Business Overview
- We design, produce, and sell streetwear for all family members.
- Have served over 2,000 customers and have over 6,00 real feedback on social media.
- Receive 80-100 orders on a monthly basis.
- Business can produce 150 units per month.
- Promotion from top influencers in Latvia.
- Sell clothes through our website and social media pages.
- Have both B2B and B2C sales channel.
- Promoter has 3+ years of experience in the industry.
- Business has a registration certificate.
Products & Services Overview
Moderns streetwear apparel for the whole family.
Assets Overview
- Ready-made business strategy developed by a team of professionals based on the analysis of the Baltic market and optimal development in the B2C and B2B segments.
- A true and loyal client base of more than 2k people with whom you can work to deduct sales. Customer Return Rate> 15%
- Selling webshop on the Shopify platform, with translations of 4 languages, set-up delivery and payments modules.
- Etsy store account with positive feedback.
- Instagram account of more than 10,000 living (not fake) subscribers, which is the main source of traffic, as well as accounts in TikTok, Pinterest, and Facebook.
- The new additional Instagram account in German for Germany and Central Europe, in order to enter new large markets.
- B2B customers and partners base.
- Stocks of photos and videos of materials.
- A list of loyal influencers and bloggers and promotion strategy.
- Lists of suppliers from Latvia.
- Suppliers of fabrics from Turkey and established logistics processes.
- A list of contacts of freelancers who participated in the creation - brand - designers, photographers, videographers, ads managers, stylists, models, etc.
- Production equipment - JUKI sewing machines, cutting knives, cutting tables, racks, and so on.
- fabrics in rolls, ready-to-sell stocks and patterns.
- The current company SIA (OOO), is without debts and with a good story.
- Working and setting up advertising accounts for Meta and Google, with good conversions and indicators.
- ALTUM agreement for additional financing and LIAA government programs for the support of business.
- Bank accounts. Payment system Mypos with a payment terminal.
Facilities Overview
Have a 60 Sq. m. rented space in Zemitanu Iela.
Capitalization Overview
- Business has 2 owners = 50/50.
- The brand has a great opportunity to develop in the following areas - access to German and other European markets, the production of merchants for B2B customers, opening a showroom, selling marketplaces, and developing new clothing models.
- We are ready to offer support for 3 to 6 months, with the aim of a smooth process of integration and adoption.
- The new owner will receive a business without debts and loans.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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