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Household Electronics Company for Sale in Riga, Latvia

For Sale: Latvia-based fully-compliant company with active registration but no ongoing wholesale or trading operations.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Household Electronics + 1 more
Locations  Riga
Local Time 3:58 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9 thousand (Native Currency: EUR 7,800)
Reason: The owner has relocated to another country and are no longer actively managing the business. We have... View More
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Business Overview
- Active Latvian SIA with an active bank account and VAT structure.
- The company is suitable for continuation of trading operations or restructuring under new ownership.
- While there are no active trading operations, the company is fully-compliant and has an active registration. We have an accountant who regularly files the compliance for this SIA entity.
- Company has a registration and VAT certificate.
- Buyer will get all the certificates, legal entity, VAT, and an active bank account.
- Company requires no extra compliance or regulatory approval from any financial regulatory of the country.
Products & Services Overview
The company was engaged in trading activities, including wholesale distribution of goods to business clients. Specifically, wholesale supply of electronics like cameras, lenses, mobile phones, headphones to electronics retailers in Latvia.

Sales were conducted through direct contracts and repeat customers. The wholesale trading operations were closed 3 years back.
The buyer can choose to continue with the same line of business or can even change to a new type of product.
Assets Overview
- No significant physical assets.
Intangible assets.
- Legal entity with active registration, bank account, VAT number, and clean compliance history.
Facilities Overview
- While the operations are ceased, the company has a small rented office premises used for administrative purposes.
- This office is required to keep an active registration.
- This small rented office is located in Riga.
- The owner has relocated to another country and can be contacted on their Greek extension number.
Capitalization Overview
- The business has been funded by shareholder loans.
- No bank loans or third-party debts.
- One shareholder owning 100% of the company.
Recent Activity
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1 Buyer contacted this Business this week. Register below to connect now!
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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