Gifting Company for Sale in Kowloon, Hong Kong
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 900 thousand|
|Run Rate Sales||USD 900 thousand|
|EBITDA Margin||8 %|
|Local Time||5:05 PM Europe / London|
|Listed By||Business Owner / Director|
- We are distributors of greeting cards, gifts, and gift wraps in Hong Kong.
- We have exclusive agreements with 40+ greetings cards, gifts, and gift wrap suppliers in the UK.
- Distribute the products to 100+ retail stores in Hong Kong including large store groups.
- Also provide merchandising services including store planning and layout, stock checking, and point of sale material to maximize our customers' (retailers) sales throughout the year.
- The director handling the sale of the business is residing in the UK while the business is established in Hong Kong.
- Business is owned by 2 partners with equal shareholding.
- The business is debt-free.
Products: Greetings cards (everyday, occasions and seasonal); gifts and gift wrap.
Services: Distribution (including ordering, warehousing, deliveries); Merchandising (including store layout planning; stock check and supply of point of sale materials)
Tangible: Stock (value HKD 1.7 million); shelving units x 20; IT equipment x 10 PCs / Notebooks & 2 printers; office furniture x 10 people; merchandising point of sale materials in stores.
Intangible: Relationships with stores and store groups; Product and market knowledge; retailing / merchandising expertise; logistics expertise.
1,000 sq. ft office including warehousing space on one floor in Kowloon Bay, Kowloon, Hong Kong. It is rented.
Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business
Earlier than 15 daysDirector, Vehicle Rental, Hong Kong Island, Individual Investor / Buyer connected with the Business