Furniture Company for Sale in Kowloon, Hong Kong
Online ecommerce business specializing in design furniture for Europe, generating >€10M+/year with 70% B2C sales.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 6.2 million |
| Run Rate Sales | USD 12.4 million |
| EBITDA Margin | 14 % |
| Industries | Furniture + 1 more |
| Locations | Kowloon |
| Local Time | 11:07 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
6.2 million
(Native Currency: EUR 6,000,000)
Reason: The main owners are 57 and 58 years old and want to retire.
Includes physical assets worth
USD
1.03 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(213.9 KB)
Business Overview
- Based in Hong Kong, this online ecommerce company specializes in high-quality design furniture, primarily catering to the European market.
- Achieved annual revenue of >€10 million, driven 100% through online website that supports both B2B and B2C sales.
- Demonstrated impressive growth with a 2x increase in revenue year-on-year, attributed to enhanced marketing budgets and strategic online advertising.
- The business maintains a strong B2C focus, with 70% of total sales generated from direct consumer transactions.
- Comprehensive operational infrastructure is established, encompassing IT, marketing, logistics, customer service, and development for seamless online transactions.
- Currently employs 25 permanent staff, supplemented by freelancers and outsourced logistics resources to ensure efficient operational flexibility.
- The owner is currently based in UK, with all core business functions and activities centralized in Hong Kong, enhancing operational effectiveness and market presence in Europe.
- Achieved annual revenue of >€10 million, driven 100% through online website that supports both B2B and B2C sales.
- Demonstrated impressive growth with a 2x increase in revenue year-on-year, attributed to enhanced marketing budgets and strategic online advertising.
- The business maintains a strong B2C focus, with 70% of total sales generated from direct consumer transactions.
- Comprehensive operational infrastructure is established, encompassing IT, marketing, logistics, customer service, and development for seamless online transactions.
- Currently employs 25 permanent staff, supplemented by freelancers and outsourced logistics resources to ensure efficient operational flexibility.
- The owner is currently based in UK, with all core business functions and activities centralized in Hong Kong, enhancing operational effectiveness and market presence in Europe.
Products & Services Overview
Top selling are design furniture, rugs and fireplaces.Sold 100% through website.
70% of sales are B2C.
Assets Overview
Physical assets include stock worth €1M.Intangibles include existing operational structures, leases and deposits.
Facilities Overview
Rented facilities - 3 warehouses of 2000 sq. m + 2 sub-contracted 3rd party logistics facility.Location is Tsim Sha Tsui, Kowloon.
Capitalization Overview
No loans.There are 2 owners/shareholders.
The new owners will buy an existing activity generating an average €1 million/month of revenue.
The new owner will buy an existing business structure (holding + subsidiaries: Holding in HK and subsidiaries in UK and Spain)
Recent Activity
-
2 weeks, 1 day agoDirector, London, M&A Advisor connected with the Business
-
Earlier than 15 daysCEO, Investment Firm, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Investments & Consulting, Vienna, Individual Investor / Buyer connected with the Business
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2 Buyers contacted this Business this month.
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