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Jewellery Company for Sale in Hong Kong

For sale: Online-only retailer of authentic cultured pearl jewelry with silver and gold findings.
This transaction has concluded.

Established 10-20 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Jewellery + 1 more
Locations Hong Kong
Local Time 1:13 AM Asia / Hong Kong
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: HKD 800,000)
Reason: Promoter intends to focus on another venture.
Includes physical assets worth USD 100 thousand
Documents
Business Overview

- Engaged in the online sale of jewellery.

- Most of our jewelry is made using cultured pearls, gems, silver, and gold.

- However, we do not deal with diamond jewelry.

- For the last 2 years, the business has been generating negligible sales as the promoter was focused on a different line of work.

- Prior to this, the business was receiving over 1,000 orders each month with most of the sales coming from USA, UK, and Australia.

- The orders were mostly shipped by post.

- The firm does not manufacture any of its own jewelry but outsources the work to around 10 -12 suppliers.

- The business has a fully functional site and does not have any debt.

- Physical assets owned by the business include inventory.

- The buyer will get the operating business, title, the recently upgraded website which has a DA of 18, inventory, bank accounts, social media assets, customer database and the supplier database.

Products & Services Overview

Jewelry made of cultured pearls, gems, silver, and gold.

Facilities Overview

We rent a small 400 sq. ft. corporate office in Mui Wo on Lantau Island. We currently pay HKD 8,500 as rent each year. The rental agreement can be transferred to the buyer or the buyer can move the corporate office to a new location.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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