SingaporeOverview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
This is an opportunity to acquire up to 100% equity of an online jewelry brand in Singapore.
- The Company sells gemstone jewelry accessories via live selling platforms (Facebook & Instagram).
- In-house design capabilities. The founders of the Company work with their in-house designer to create jewelry pieces that are well-loved by its customers.
- Diversified network of suppliers. The Company has a strong and reliable network of suppliers and works with over 20 gemstone sellers and manufacturing companies on a regular basis.
- Strong social media presence. The Company’s social media accounts have seen huge growth over the past year, it now has over 30,000 followers on its Instagram and Facebook accounts.
- Remarkable revenue growth. The Company's revenue grew from S$500k in 2020 to over $3 million revenue in 2021. 2022's revenue projections are estimated to be between S$5 to S$6 million.
- High margins and good profitability. 2021’s NPAT margin is estimated to be between 25% to 30%.
- Healthy financial position. The Company’s has been funded entirely through its own cashflows and is debt-free.
- Strong potential for live stream commerce in Singapore. Live stream commerce has just started to gain popularity in the last two years and robust growth is expected to be seen in this space.
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