Singapore  Singapore

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Listing Id: 31604 Last Refreshed: 13/05/2024 Total Views: 672

Profitable 7-figure Home & Living E-commerce Brand for Sale

Kallang/WhampoaFurniture StoresOnline Shops
Asking Price: Price On Request
Business For Takeover
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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

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 – 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

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