Profitable Craft Store Investment Opportunity in Denpasar, Indonesia
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 13 thousand |
Run Rate Sales | USD 24 thousand |
EBITDA Margin | 35 % |
Industries | Craft Stores |
Locations | Denpasar |
Local Time | 2:31 PM Asia / Makassar |
Listed By | Business Owner / Director |
Status | Active |
• 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.
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.
We sell to customers on Etsy, local markets in Bali and through our retail store.
Physical assets include product inventory, furniture and interiors.
Facility includes a retail store, storage and office, located in Denpasar approx. 1,100 sq ft. Rent is IDR 35 million per annum.
Rental agreement can be renewed yearly.
Business is self-funded.
Having 2 outstanding loans - IDR 23 million and IDR 11 million.
There is 1 director, holding 100% ownership.
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Earlier than 15 daysBusiness Head, Software Development, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Robotics, Dubai, Individual Investor / Buyer connected with the Business