Singapore  Singapore

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Listing Id: 30914 Last Refreshed: 01/03/2024 Total Views: 962

(Expired)Fast-Growing & Profitable DTC E-Commerce Home & Living Company For Full Acquisition. Rare!

Kallang/WhampoaFurniture Stores
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Factory
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Onwers are looking to exit as they would like to explore other ventures.

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.

As a relatively new entrant 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 – 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.

Property Information

Rent
Premise Status
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