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Gifting Company for Sale in Kowloon, Hong Kong

For sale: Gifting and greeting card business located in Hong Kong with 100+ retail clients.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: HKD 5,500,000)
Reason: The 2 original founders and directors want to focus on other, smaller-scale ventures.
Includes physical assets worth USD 230 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 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 & Services Overview

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)

Assets Overview

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.

Facilities Overview

1,000 sq. ft office including warehousing space on one floor in Kowloon Bay, Kowloon, Hong Kong. It is rented.

Recent Activity
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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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