Listing Id: 31604
Last Refreshed: 28/08/2024
Total Views: 1120
(On Hold)Profitable 7-figure Home & Living E-commerce Brand for Sale
Kallang/WhampoaFurniture StoresOnline Shops
Asking Price: Price On Request
Business For Takeover
Look For Investor
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- Overview
- Reason For Sale
- Description
- Property Information
Overview
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Premise Type
Factory
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Premise Size
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Monthly Rental
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Rental Desposit
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Revenue
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Liability
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Gross Profit
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Net Profit
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Stock
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FFE
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Payable
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Receivable
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Owner Role
Full Time
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Staff
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Established
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Source
Broker
Reason For Sale
Owners are looking to exit due to personal reasons
Description
A fast-growing DTC company in the home & living space with strong growth and expansion potential. Company is a market disruptor in the home & living space with strong momentum and highly positive reviews. Founded in 2018, the team spent some time doing R&D to create an all-in-one mattress that recharges, supports and cools, before rolling out the products into the market.
The brand has swiftly established itself as a frontrunner by taking up a sizeable portion of
the market share and mind share. The business is profitable and achieved a revenue growth of 324% in 2023 as compared to 2022.
With a more stabilized inventory management, new launches of product lines and improved marketing, the business is set to continue growing strongly in both topline and bottomline.
Growth Opportunities:
1. Expand regionally β product is currently only available in
Singapore; business can serve as a gateway to Asia.
2. Expand into related product offerings.
3. Greater optimization and better inventory management will
result in better sales and profits
Contact if interested.
Singapore