Gifting Company for Sale in Riga, Latvia
Interior design and gift shop in Riga center with 10-20 orders/day and growing client base.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | INR 70 lakh |
| Run Rate Sales | INR 72 lakh |
| EBITDA Margin | 20 % |
| Industries | Gifting |
| Locations | Riga |
| Local Time | 7:17 AM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
60 lakh
(Native Currency: EUR 60,000)
Reason: The owner has a new job offer at another (medical) related company.
Includes physical assets worth
INR
40 lakh
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Business Name
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Business Overview
- Located at the heart of Riga, the business specializes in retail of interior design and gifting items.
- Rapidly expanding client base with active engagement across multiple social media platforms, contributing to accelerated brand visibility.
- Operates both a physical store with robust daily footfall and an online store, processing an average of 10-20 orders per day. Majority of sales are generated through the physical store.
- A diverse product range includes Latvian-made items, international designs, homemade gift sets, and art, offering a rich collection for varied customer preferences.
- Enhances customer satisfaction through efficient logistics, shipping orders within 1-2 business days and prioritizing premium packaging aesthetics.
- Selectively procures products primarily from France and Germany, along with private-label handmade items directly from manufacturers; some are sourced from distributors and internationally recognized brands.
- Features an in-store art studio providing masterclasses, augmenting its product offerings with creative learning opportunities for customers.
- Rapidly expanding client base with active engagement across multiple social media platforms, contributing to accelerated brand visibility.
- Operates both a physical store with robust daily footfall and an online store, processing an average of 10-20 orders per day. Majority of sales are generated through the physical store.
- A diverse product range includes Latvian-made items, international designs, homemade gift sets, and art, offering a rich collection for varied customer preferences.
- Enhances customer satisfaction through efficient logistics, shipping orders within 1-2 business days and prioritizing premium packaging aesthetics.
- Selectively procures products primarily from France and Germany, along with private-label handmade items directly from manufacturers; some are sourced from distributors and internationally recognized brands.
- Features an in-store art studio providing masterclasses, augmenting its product offerings with creative learning opportunities for customers.
Products & Services Overview
The business's top-selling products include candles, unique tableware, gift sets, interior decors, cosmetics, tea & honey, and bath sets, catering to a wide range of customers, from local residents to tourists. Sold both through physical store and a website.
Assets Overview
Physical assets include the product's inventory and other associated equipment.Intangible assets are social media profiles, website and knowledge.
Facilities Overview
Self renovated rented store of 95m2 with kitchen, little warehouse, toilet, art space and shop. Located in Blaumana, Riga.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
There is 1 owner in the business.
Recent Activity
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Earlier than 15 daysFounder, Interior Designing Services, Anaheim, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident - Sales, Diverse, New York City, Corporate Investor / Buyer connected with the Business
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