Annual Revenue: $7,145,376
Net Cash Flow: $727,094
Location: Hong Kong, China
This is a Hong Kong-based company that engages in the import and export of Housewares, Kitchenware, and other supplementary products added over time. The company has been in operation for the last 17 years and has over 500 vendors in China and clients in all continents of the globe.
The company enables its clients to achieve seamless solutions to sourcing, and logistics of a wide range of products in China, the Far East, and the Asian Sub-Continent.
The company has established offices in Hong Kong, and China; all strategically located within the biggest shipping ports for easier logistics and proximity to vendors and manufacturers. The company offers products and services to clients of different market sectors across the retail, wholesale, distribution, and export sectors to be in a position to compete in a global scene and increase business in many dimensions.
These markets include USA, Mexico, South Africa, Eastern Europe (Poland, Hungary), India, Israel, and some parts of the UK.
The company acts as a buying agency for several big name brands and hypermarkets in the US and other locations globally.
Included in the asking price is a banking line of credit of US $3,750,000, a fixed deposit in the bank amounting to $655,000 US, and real estate in Hong Kong worth $491,678 US. This offering will also include the recent start-up in South-Africa.