Mobile Phones Company for Sale in Kowloon, Hong Kong
Hong Kong-based trading co. , wholesale of renewed phones, serving B2B clients globally.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 5 - 6 million |
| Run Rate Sales | USD 9.6 million |
| EBITDA Margin | 0 - 10 % |
| Industries | Mobile Phones + 1 more |
| Locations | Kowloon |
| Local Time | 2:21 AM Asia / Hong Kong |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
950 thousand
(Native Currency: USD 950,000)
Reason: Expat owner is looking to leave Hong Kong and move to a different country.
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Landing Page of The Website
(59.2 KB)
Domain-Verification.pdf
(214.0 KB)
Business Overview
- Based in Hong Kong, this trading company specializes in the wholesale of renewed mobile phones, primarily serving B2B clients in the US, Latin America, and the EU.
- The business operates on a negative working capital model, allowing for customer prepayment while suppliers extend credit, facilitating efficient cash flow management.
- With an impressive average order value of $20,000 to $30,000, the company processes 20-25 orders monthly.
- The business has experienced significant revenue growth in the current year compared to the previous year, attributed to an increase in high-volume orders.
- The website serves as the primary sales channel, showcasing a strong brand presence and robust online capabilities tailored for wholesale buyers.
- Leveraging a radio dealers license, the company enhances its credibility and operational scope within the mobile phone market.
- Staffing consists of 3 permanent employees supplemented by contract and temporary employees for logistics on demand basis.
- The business operates on a negative working capital model, allowing for customer prepayment while suppliers extend credit, facilitating efficient cash flow management.
- With an impressive average order value of $20,000 to $30,000, the company processes 20-25 orders monthly.
- The business has experienced significant revenue growth in the current year compared to the previous year, attributed to an increase in high-volume orders.
- The website serves as the primary sales channel, showcasing a strong brand presence and robust online capabilities tailored for wholesale buyers.
- Leveraging a radio dealers license, the company enhances its credibility and operational scope within the mobile phone market.
- Staffing consists of 3 permanent employees supplemented by contract and temporary employees for logistics on demand basis.
Products & Services Overview
Top selling products are A+++ grade renewed iPhones, Samsung phones, and AirPods.Primarily catering to B2B clients - wholesale buyers in the US, Latin America, and the EU.
Assets Overview
The business doesn't have any physical assets of significant value.Intangible assets are brand, website, social media profiles, employees and contracts.
Facilities Overview
Operating from a rented office facility in Kwun Tong.Very economical and practical with minimal set up.
Capitalization Overview
Customer cash funded business model.No loans or liabilities.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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Earlier than 15 daysChief Transformation Officer, IT Services, Hong Kong Island, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Contact Lens Manufacturer, Hong Kong Island, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction, Hong Kong Island, Individual Investor / Buyer connected with the Business
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