Profitable Craft Store Investment Opportunity in Denpasar, Indonesia

• We are a molten glass and wooden craft business based in Bali, Indonesia.
• Our products include wooden decor, single glass, multiple glass, bowl glass and hanging glass. These items are multifunctional, can be used as a vase, gift, aquarium etc.
• 90% of our orders are online from Etsy. We also sell at local markets in Bali and through our retail store.
• We get orders for 30 - 100 pieces every month. Average value per piece is USD $5 for local markets and for overseas markets, it is USD $50.
• Our manufacturing partner is Bali Artisan. We manufacture based on the orders received.
• A commission of 5 to 8% per order is paid for local markets and 11 to 15% for international orders on Etsy.
• 70% of its customers come from the US and Canada, 15% from Australia, 10% from Europe, and 5% from other countries.
• Started the business towards the end of 2020 and in 2021, had a yearly turnover with IDR 16 million.
• Increased to IDR 210 million last year and the last recorded monthly sales was IDR 33 million.
• It has been highly profitable, with good returns.
• With the right marketing plan, competitive pricing and quality enhancements, these projections could be optimized to IDR 500 million in the coming years.