Gifting Company for Sale in Kowloon, Hong Kong
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 900 thousand |
Run Rate Sales | USD 900 thousand |
EBITDA Margin | 8 % |
Industries | Gifting |
Locations | Kowloon |
Local Time | 5:05 PM Europe / London |
Listed By | Business Owner / Director |
Status | Active |
- 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.
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Earlier than 15 daysPrincipal Consultant, Pune, M&A Advisor connected with the Business
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Earlier than 15 daysDirector, Vehicle Rental, Hong Kong Island, Individual Investor / Buyer connected with the Business