Highly profitable personalised gift business for sale in HCMC

<< Over the past 7 years, the owner of this personalised gift business has built a very well – executed, highly profitable business. Operating from (HCMC) Ho Chi Minh City, selling via some of the World’s most popular online platforms, and shipping most of his products to customers in the United States. Great and trend adjustable product, great sales numbers, high profit margins. Not difficult to learn the business, and possible to make it passive to a large extent, the current owner is willing to provide training and a smooth handover for a new buyer. E-commerce, and social media marketing experience are advantages, but this is not necessarily required. Great opportunity to take over a very well run, highly profitable online business in HCMC. >>

What is on offer?

• Selling 100% online, via some of the World’s most popular online platforms.
• Currently renting a small workshop in Thao Dien, HCMC.
• Lease price: USD 400 / month.
• The big majority of all orders are shipped (2 – 3 x / week) to the United States.
• Interesting product, beautifully executed, and adaptable to current trends.
• Very high sales, and very good reviews of the product and service, online.
• All online sales- and social media accounts are included in the sale.
• Furniture, tools, hardware, and inventory worth + /- USD 12,500 included.
• Currently employing 2 full time Vietnamese staff, and 1x part time (foreign) owner.
• Annual sales: +/- USD 220,000.
• Annual profits: +/- USD 110,000 meaning a profit margin of +/- 50%.
• Asking price: USD 250,000 which is a very reasonable 2.25 x annual profit.
• Preferably looking to sell 100%, but the owner is open to discuss partial takeover.
• The foreign business owner offers training, and a very smooth handover.
• Reason for selling: after 7 years, looking to do something else, free up capital.
• More info, photos, numbers, and contact details of seller upon request !!

Potential of this business for sale in HCMC:

• The owner of this business has passionately worked for 7 years on developing this business. And those efforts clearly show off: their product is very well executed, adaptable to trends, and interestingly his products are personalizable. This is a great opportunity for somebody with e-commerce and/or social media marketing experience. But even without those skills, the business is in fact quite easy to learn, and very easy to manage.
• Many parts of the business (e.g. managing orders, crafting the products, packing orders, preparing shipments, managing stock) are already delegated to 2x full time Vietnamese staff. Other parts of the business (e.g. product design, prototyping, product photography) are currently done by the foreign owner, and they are either teachable, or they could be outsourced. Making this an interesting opportunity for somebody who is looking for a medium to highly passive investment.
• This business is already very well – developed, covering a niche market, and truly a turnkey business opportunity. The foreign owner is happy to train buyers, and to offer a very smooth handover. The numbers look very good, the owner is willing to give full financial disclosure, and for somebody with a business mindset and e-commerce experience, there is still lots of room to further develop this business.

Foreign ownership:

This business is currently registered in the United States. The owner, being a European, chose for this structure because of its (very) favorable tax benefits, and because most of the business’ customers are in fact buying and living in the United States. The new buyer could choose to leave the structure in a similar way, or to register a new foreign owned trading company in Vietnam, which is possible and relatively easy to do. The current owner is happy to think along, and to give full disclosure to the buyer regarding different set up possibilities, and ready to support with whatever structure the new buyer would choose. Of course, all carefully built and maintained sales- and social media accounts would go along with the sale. From our side, our Bizspective team can advise you in more detail about the legal / administrative side of the acquisition. If you have any questions about foreign business ownership you can contact us directly either via Facebook, WhatsApp, e-mail, or fill in the “contact us now” form.

Further information:

Are you interested in this business for sale? Would you like to learn more about it, for example would you like to see photos, learn more about the product, or would you like to speak with the owner? Then please click the “contact button” in the top right corner or send us an e-mail at [email protected] . The owner is ready and eager to assist. So just drop us a message if you are interested: we look forward to hearing from you! If you are looking for any other businesses for sale and/or other investment opportunities, of course do not hesitate to contact us, or follow this link to see all of our listings.

*Disclaimer: even though our Bizspective team always tries its very best to provide you with correct and complete information: we cannot always independently verify all the information of our listings. We therefore always recommend business buyers and investors to do their own due diligence before moving forward with any of the business / investment listings on our website. If you are looking for professional support with your due diligence: feel free to drop us an e-mail in order to get connected with one of our professional partners around Vietnam.