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Luxury Accessories Company for Sale in Hong Kong

Luxury Swiss watch brand and manufacturer, design and development.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 144 thousand
EBITDA Margin 60 - 70 %
Industries Luxury Accessories + 1 more
Locations Hong Kong
Local Time 10:06 AM Asia / Hong Kong
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 800 thousand (Native Currency: USD 800,000)
Reason: Owner is planning to retire. We are also exploring options to sell the group company if a buyer is i... View More
Includes physical assets worth USD 380 thousand
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Business Overview
- Luxury watch brand located in Hong Kong, focusing on design and development.
- Our product range includes men’s, ladies, sports, and luxury watches, all made in Switzerland.
- We primarily sell directly to consumers through our eCommerce site and the watches. com marketplace.
- About 90% of our sales come straight from our own website, making us strong in house channels.
- Social media advertising and exhibitions help us reach collectors and boost our sales.
- Our manufacturing is handled by our OEM subsidiary, which collaborates with Swiss partners, keeping overheads low.
- We enjoy a high EBITDA thanks to our premium pricing, with an average watch selling for around $600 and low overheads due to outsourced manufacturing.
- The USA is our main market, contributing significantly to our revenue growth.
Products & Services Overview
Men’s, ladies, sports, luxury watches that are made in Switzerland.
Assets Overview
Luxury watches worth ~ 380k USD (can be cleared in 2-3 years), spare parts, and the relevant packaging.
Intangible assets include the registered brand trademark.
Facilities Overview
Owned facility with a whole floor consisting of operation, warehouse, and photo/video studio. It's owned by the group company and can be included as part of the sale if a buyer wants the entire group company. Alterative terms can be discussed.
Capitalization Overview
Through private funding. 2 shareholders 50/50 holding.
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1 Buyer contacted this Business this month. 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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