Toy Shop for Sale in Riga, Latvia
Distributor of developmental toys with well-established market, supplying approx. of 80% state's kindergartens in Latvia.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 300 thousand |
| Run Rate Sales | USD 320 thousand |
| EBITDA Margin | 35 % |
| Industries | Toy Shops |
| Locations | Riga |
| Local Time | 11:14 AM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
430 thousand
(Native Currency: EUR 400,000)
Reason: The owner is working on other projects and to change place of living.
Includes physical assets worth
USD
120 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Warehouse and Logo
(293.9 KB)
Domain-Verification.pdf
(213.6 KB)
Merchant Registration Certificate
(398.4 KB)
Business Overview
- The company is a well-established distributor of developmental toys with a strong market presence since its founding in 1998.
- 80-85% of state kindergartens in Latvia are clients of this company, there are good facilities and additional potential with private kindergartens.
- With 950 invoices per year, the company operates with at least 15 manufacturers, mainly in the EU, and has stable and proven suppliers.
- The management structure includes two sales employees and outsourced services for accounting, transport, and website software administration. The company also has two permanent and proven logistic partners for freights and deliveries to clients.
- There are opportunities and prospects for significant expansion to kindergartens in the Baltic countries, as well as attracting more retail online stores.
- The company operates within regulatory compliance, with only toys with CE certificates being purchased, and no specific additional certificates required for its operating permit.
- 80-85% of state kindergartens in Latvia are clients of this company, there are good facilities and additional potential with private kindergartens.
- With 950 invoices per year, the company operates with at least 15 manufacturers, mainly in the EU, and has stable and proven suppliers.
- The management structure includes two sales employees and outsourced services for accounting, transport, and website software administration. The company also has two permanent and proven logistic partners for freights and deliveries to clients.
- There are opportunities and prospects for significant expansion to kindergartens in the Baltic countries, as well as attracting more retail online stores.
- The company operates within regulatory compliance, with only toys with CE certificates being purchased, and no specific additional certificates required for its operating permit.
Products & Services Overview
The product range is tested and fully meets needs of preschool education processes, i. e. developmental toys, sports and music equipment, sensory equipment for special and rehabilitation institutions. The main sales methods are field sales in kindergartens and sales through the Internet store.
Assets Overview
Tangible assets include office furniture, computers, printers, warehouse shelves with a stock inventory of profitable toys in value EUR 100k.The intangible assets include two domain names with working websites, logos, a client database, and all personal contacts.
Facilities Overview
The office and warehouse of 120 sqm are rented with a monthly rent of EUR 625 plus a 21% VAT.The facility is located near the Riga City Center.
Capitalization Overview
Self-funded business with no liabilities. No debts or loans. The business is owned by 1 shareholder.The company has a positive cash flow, very good profitability, and valuable stock of EUR 100,000.
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