Watches Company Investment Opportunity in Malé, Maldives

- First international watch brand in the Maldives.

- The store was opened by the former president of the United Nations General Assembly, HE Mr. Abdulla Shahid.

-Acknowledged by the president and government of the Maldives.

- Design is proprietary, but manufacturing is outsourced through one manufacturer in China.

- Designed by a top Maldivian Designer.

- The company's B2C sales channels include retail stores and social media with 40,000 followers.

- Majority of revenue is generated from B2B sales, by placing in showcases at resorts and supplying to wholesalers.

- The company sells approximately 10,000 watches annually.

- Average price of products ranges from $150 to $500 USD.

- There are 27 permanent employees and additionally, there are a few contract/temporary employees as well.

Watches are made of premium quality materials & offer 3 - 10 year warranty.

Aim to showcase the beauty of Maldivian culture with these high quality watches.

Also allows customers to create their own watch which would be highly customized and has a special design team for the special custom series lead by a unique designer.

Top selling - Velaa series and Madi series.

Business is both B2C and B2B, B2C is through retail stores and social media.

B2B is by placing in showcases at resorts and supplying to wholesalers.

Physical assets include inventory, furniture, decor, electrical equipment etc.

2 rented facilities - Retail store and head office in Chaandhanee Magu, Malé.

Business is self-funded.

No outstanding loans or liabilities.

Sole proprietorship business.

Largest watch business in the Maldives.

Acknowledged by the local government.