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Watches Businesses for Sale in Tsing Yi Village

Showing 1 - 1 of 1 Watches Businesses for Sale in Tsing Yi Village. Buy a Watch Business.

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Watches Company for Sale in Tsing Yi Village, Hong Kong

Hong Kong-based designer watches designer, manufacturer, and seller worldwide and generated HK$60M turnover last year.
Business located in Hong Kong, specialising in the design, manufacturing, and global sales of designer watches. - Offers both OEM production and its own brand, with distributors in about 30 countries. - The company has a network of about 70 importers and distributors worldwide, serving a long-term clientele base. - Has established clients in Germany, Australia, India, Denmark, the USA, and other European countries. - In 2023, the company generated a turnover of HK$60 million, with a gross profit of HK$13 million. - The manufacturing process is outsourced, while the design and brand management are conducted in-house. - The business owner is Hong Kong-based but is currently in Denmark. - Business has 28 permanent employees in Hong Kong, China and Denmark who are sufficient to manage the business operations and engaged in admin, management, sales and marketing roles. No additional temporary/contract employees are required.
9.7   Tsing Yi Village
Run Rate Sales
USD 7.7 million
EBITDA Margin
21 %
Business for Sale
USD 1.29 Mn
Contact Business
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Watches Company for Sale in Tsing Yi Village, Hong Kong

Hong Kong-based designer watches designer, manufacturer, and seller worldwide and generated HK$60M turnover last year.
Business located in Hong Kong, specialising in the design, manufacturing, and global sales of designer watches. - Offers both OEM production and its own brand, with distributors in about 30 countries. - The company has a network of about 70 importers and distributors worldwide, serving a long-term clientele base. - Has established clients in Germany, Australia, India, Denmark, the USA, and other European countries. - In 2023, the company generated a turnover of HK$60 million, with a gross profit of HK$13 million. - The manufacturing process is outsourced, while the design and brand management are conducted in-house. - The business owner is Hong Kong-based but is currently in Denmark. - Business has 28 permanent employees in Hong Kong, China and Denmark who are sufficient to manage the business operations and engaged in admin, management, sales and marketing roles. No additional temporary/contract employees are required.
9.7   Tsing Yi Village
Run Rate Sales
USD 7.7 million
EBITDA Margin
21 %
Business for Sale
USD 1.29 Mn
Contact Business
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