SingaporeOverview
Financial Performance
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided
Business Operations & Assets
Owner Role
Full Time
Premise Status
Rent
Premise Type
Factory
Business Details
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.
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.
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