Businesses for Sale and Investment in Latvia

We boast the title of the largest exotic Asian grocery shop in Riga, offering a unique selection of authentic products spanning from snacks and candies to essential cooking materials like sauces and marinades. - Strategically located with two prime stores in Riga Center, our shops attract hundreds of customers daily, highlighting a robust local demand for Asian grocery products. - The business garners an impressive 4.5-star rating by hundreds of customers, testifying to exceptional customer satisfaction and a strong community presence. - Our successful opening of a second shop demonstrates its scalable business model and potential for expansion across Latvia and other Baltic countries. - Embracing digital transformation, we enhance customer convenience through its online sales platform, supporting both local and international customers. - As a pioneer in its niche market, Asian Alley emerges as the only and largest Asian grocery establishment in Riga, offering significant growth opportunities in the retail sector. - Our monthly revenue is notably strong, even with a team of just 10 employees, as we are currently the only Asian store operating in Latvia. - The opening of our store has driven significant growth over the past year, resulting in a notable increase in our revenue this year.

Located in Viļāni, our company specializes in the production and sale of premium quality firewood, catering to both home and outdoor use. - Our firewood is ecologically clean, dry, and chopped, ensuring optimum heating performance and conforming to stringent quality parameters. - With a skilled team of 50 employees, we focus on maintaining a high standard of product quality that meets market expectations. - The business is currently operational and profitable, and has an operational capacity of 70 loads per month. - The United States, Northern Europe, and Baltic countries are our primary sales markets, highlighting our international reach and demand. - We emphasize sustainable and environment-friendly production methods, aligning our firewood products with global eco-conscious consumer trends. - Our business leverages its strategic location for efficient distribution, strengthening our presence in key export markets. - By prioritizing heating efficiency and consistent product dimension, our firewood products stand out in the competitive wood products industry. - As part of our commitment to quality, all firewood items undergo rigorous checks to ensure they meet the highest standards in the industry. - Registered as a Limited Liability Company with provision for the manufacture of other products of wood, and sawmilling and planing of wood.

Client base: - Serving over 60 long-term residents at the care home, with 50+ ambulance call-outs monthly across the municipality. Revenue model: - Combination of municipal contracts, private payments, and state co-financing. - Monthly care fees from clients or their families. - Service agreements with local governments. - Event-based ambulance rentals and transport fees. Promoter experience: - Led by a director with over 10 years of experience in elderly care, team management, and healthcare coordination. Proven track record of building sustainable care solutions in rural areas. Business relationships includes strong partnerships with: - Local municipalities (for care referrals and co-financing) - Hospitals and clinics (for patient transfers and aftercare) - NGOs and social services (for joint programs and community outreach) Awards and recognition: - Recognized by the Latvian Association of Social Service Providers. - Participation in EU-funded quality improvement projects. - Positive ratings from state inspectors and family feedback. Coverage area: - Services offered across most of the municipality, including remote villages, with reliable transport and mobile medical support. Social impact: - Focused on dignity, safety, and inclusion — especially for the elderly and vulnerable populations in underserved regions. Licenses: - Certified by the Health Inspectorate under the Ministry of Health.

Client base: - Serving over 60 long-term residents at the care home, with 50+ ambulance call-outs monthly across the municipality. Revenue model: - Combination of municipal contracts, private payments, and state co-financing. - Monthly care fees from clients or their families. - Service agreements with local governments. - Event-based ambulance rentals and transport fees. Promoter experience: - Led by a director with over 10 years of experience in elderly care, team management, and healthcare coordination. Proven track record of building sustainable care solutions in rural areas. Business relationships includes strong partnerships with: - Local municipalities (for care referrals and co-financing) - Hospitals and clinics (for patient transfers and aftercare) - NGOs and social services (for joint programs and community outreach) Awards and recognition: - Recognized by the Latvian Association of Social Service Providers. - Participation in EU-funded quality improvement projects. - Positive ratings from state inspectors and family feedback. Coverage area: - Services offered across most of the municipality, including remote villages, with reliable transport and mobile medical support. Social impact: - Focused on dignity, safety, and inclusion — especially for the elderly and vulnerable populations in underserved regions. Licenses: - Certified by the Health Inspectorate under the Ministry of Health.

A Swedish cuisine restaurant with a seating capacity of approximately 60 people is available for sale. The business is located in an undisclosed location since the owner resides in the USA and has limited details on operations. Currently, the restaurant is managed by a partner/relative, who has been responsible for the management over the years. The owner originally invested in the business about 10 years ago but hasn't received returns. Information on outstanding loans, monthly sales, or transaction value is not available, as these are managed by the partner. Reason for selling is due to the lack of returns from the investment. Interested parties can acquire this restaurant, which caters to authentic Swedish food. Further details can be negotiated with the partner who handles operations locally.

Located at the heart of Riga, the business specializes in retail of interior design and gifting items. - Rapidly expanding client base with active engagement across multiple social media platforms, contributing to accelerated brand visibility. - Operates both a physical store with robust daily footfall and an online store, processing an average of 10-20 orders per day. Majority of sales are generated through the physical store. - A diverse product range includes Latvian-made items, international designs, homemade gift sets, and art, offering a rich collection for varied customer preferences. - Enhances customer satisfaction through efficient logistics, shipping orders within 1-2 business days and prioritizing premium packaging aesthetics. - Selectively procures products primarily from France and Germany, along with private-label handmade items directly from manufacturers; some are sourced from distributors and internationally recognized brands. - Features an in-store art studio providing masterclasses, augmenting its product offerings with creative learning opportunities for customers.

Established auto repair garage in Ādaži, known for its specialization in vintage and sports car restoration. - Employs a skilled team of 4 professionals, providing personalized service to local and business clients alike. - Handles an average of 15 repairs monthly, with an average billing of EUR 1,200 per customer, highlighting consistent revenue generation. - Registered as an SIA with full compliance to operate legally within Latvia's automotive service regulations. - Offers a diverse range of services, including car repair and maintenance, body repair, and high-quality paintwork. - Current growth initiative seeks investment for advanced paintshop and wheel-alignment equipment to enhance service capability and efficiency. - Business serves a loyal clientele consisting of local car owners and enthusiasts in the vintage and sports car markets, underscoring a niche customer base.

Residential real estate construction business with an ongoing residential village project. 1. Total area: - The residential village spans an impressive 40 hectares, offering ample space for long-term development and a vibrant community. 2. Houses built and planned: - 30 homes have already been completed and sold, providing a solid foundation for the growing village. - Remaining development potential: 230-330 homes, depending on the specific layouts and configurations of future projects. 3. Infrastructure: - Central utility hubs for electricity, sewage, and water supply have already been constructed, ensuring immediate availability for the next 20 unbuilt homes. - As additional roads and housing are developed within the village, the electricity lines will be extended in alignment with the project's needs. - This phased infrastructure approach ensures cost-efficiency and readiness for rapid scaling. 4. Financials and profitability: - Construction cost per house (excluding land): €115,000. - Selling price per house: €190,000. - Profit margin per house (after taxes): Approximately €15,000, equating to 14-15%. - The business model demonstrates a strong return on investment and scalability with increased funding. 5. Scalability potential: - The current pace of construction is limited by available resources, but with additional investment, the business can significantly scale operations, targeting the construction of 10-20 homes annually or more. We take on the full responsibility for construction and sales processes, ensuring a streamlined and efficient project execution. This approach provides the investor with security while enabling the village to grow at a pace of 10-20 homes annually or more, depending on the investment scale. The business holds land ownership certificates, adding significant value to its assets, and municipal approvals, and a registration certificate.

90% of round timber is purchased from Latvian State Forests and the fact that the company has a full-cycle production, allows us to fulfil long-term contracts at the most favourable prices and payment options in today's market. - The majority of the production is exported (90%). Export markets include Europe, USA, and the Middle East. - FSC and PEFC certified company shell known trademarked worldwide. - The company provides full cycle production - We buy round wood, make packaging boxes, and split and dry the log, according to the buyers requirements, right there in our production facility. - The company's capacity today is 2-3 dried firewood containers per day, but it can be increased to 4 containers per day of finished products. - Promoter is a co-owner based in London.

The business specializes in providing frame and modular scaffolding solutions for nonstandard building structures, including balconies, cornices, and round corners. - The company is a prominent player in the scaffolding rental industry in Latvia. - Boasts a substantial inventory of 25,000 sq m worth of scaffolding material and a diverse clientele of over 1,700 clients. - It has established itself as a reputable dealer of leading scaffolding brands such as SLV Group, Pionart, Nova-Tech, and Krause, as well as being the leading dealer of the Plettac system in Latvia. - With a 12% market share, the company is recognized as the 4th largest scaffolding rental company in Latvia, indicating a strong position within the market. - The company is well-positioned to benefit from the funding allocated by the State to promote energy efficiency in residential buildings. - With a highly qualified and experienced staff of 10 employees, including a professional installation crew. - We procure raw materials from Poland through a strong network of 5-6 suppliers.

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.

We design, produce, and sell streetwear for all family members. - Have served over 2,000 customers and have over 6,00 real feedback on social media. - Receive 80-100 orders on a monthly basis. - Business can produce 150 units per month. - Promotion from top influencers in Latvia. - Sell clothes through our website and social media pages. - Have both B2B and B2C sales channel. - Promoter has 3+ years of experience in the industry. - Business has a registration certificate.

Introducing a new Italian line Âge De Rêve®. Crafted with meticulous care in Italy, our skincare line embodies quality efficacy, and innovation backed by science. - Our products stand out for their well-researched ingredients, including three patented compounds that have been proven to effectively combat fine lines, wrinkles, while simultaneously enhancing skin firmness and radiance. - With Âge De Rêve®, customers can expect premium quality and visible results. - We believe in fostering long-term partnerships, which is why we offer competitive price brackets for the various batch sizes that are as low as 200 units per item and provide distributors with post-sales services. This includes monthly packages of social media content and marketing strategies, designed to help promote Âge De Rêve® effectively and drive sales in their target market. - The products are yet to be launched in the market. Channel of sales will be through distributors and the official website. - Planning to launch in 2-3 months. - The sales figures and profit margins mentioned are based on projections.

An MST-3 category terminal in Liepaja port, Latvia operating as a transit terminal. - The terminal holds all necessary approvals and licenses for the storage and transshipment of a wide range of liquid products, including vacuum gas oil, fuel oil, ortho xylol, benzene, base oil, coal tar, heating oil, hydro stabilized pyro condensate, diesel fuel, petroleum benzene, coal benzene sodium lignosulfonate and unrefined rapeseed oil. - With separate permits for storage and transshipment of over 30 types of liquid products, the terminal offers significant versatility in handling various commodities. - The company has the capability to transship cargo directly from wagons to ships, bypassing the loading of products into tanks, and providing efficient and direct logistics solutions. - With a total storage capacity of up to 9,000 m3, the terminal provides storage tanks for rent and transshipment of liquid products from railway tanks to tankers, and vice versa. - Located in a designated special economic zone (SEZ), the terminal enjoys tax benefits and. - Additional services provided are loading into railway tanks, transportation, forwarding of products, storage in customs warehouses, and analysis and coordination of product quantities during unloading. - The terminal has the ability to accept products from railway tanks, tank trucks, and ships, and store them in customs warehouses before releasing them to tankers or other vehicles based on customer requirements. - Products are delivered by rail and stored in three above-ground tanks, each with a capacity of 3,000 m3 and a fixed roof, from which shipments are made. - The company engages in B2B business, sourcing products from manufacturers in Asian countries such as Pakistan and India, as well as European countries. - Currently, the terminal's average throughput supports 1–3 tanker shipments per month. - The products are supplied to traders in Finland and Scandinavia. - Also provides an oil pipeline for rent to the neighboring terminal V. Biļuka and Komercfirma SIA Evija. - The business is currently not profitable due to operational burn.