SOLD – Outdoor activity tech company investment opportunity

Asking price

4,690,000,000 VND

EQUITY

10%

Net profit

Upon request

Turnover

Upon request

Ownership

Foreign owned

Licenses

ERC, IRC

Sector

Technology

Outdoor activity tech company investment opportunity.

<< This tech company, which is operating in the outdoor activity market, is raising investment in order to expand its e-commerce activities, and to build a digital outdoor activity platform. The ownership team consists of 2 ambitious entrepreneurs who started this project in 2019. Selling their own high quality products, they are already reaching an annual revenue of > USD 300,000 with profit margins of around 25%. Additionally, there is great potential to scale, and they have various other revenue streams lined up already. The owners are looking for one or more angel investors, who want to jump on board of this project for the medium – long run. >>

What is on offer?

  • The project was founded in 2019 by 2 foreigners: 1 experienced e-commerce entrepreneur, and 1 software developer. Being passionate about outdoor activities, they started producing and selling high quality and unique outdoor gear, which is now already reaching > USD 300,000 in revenue per year.
  • Vision to develop a digital platform integrating everything outdoor activity – related.
  • The project was started in Hong Kong, close to their current production base.
  • Currently registered in Hong Kong (head company), and Vietnam (cost company).
  • Current customer base: 45% US, 35% EU, 25% Australia / New Zealand, 5% elsewhere.
  • They have a good looking and professional social media presence.
  • Currently employing 3 part time freelancers.
  • The ownership team is ideally looking for one or more (impact – focused) angel investors, who would invest a total of USD 200,000 into their Hong Kong head company. These funds would first and foremost go to expanding their e-commerce activities, and to developing their digital outdoor activity platform.
  • Investor(s) will get 10% equity / SAFE, and discount on future investment rounds.
  • More info available upon request, including: pitch deck, and financial overviews.

Unique selling points:

  • Building a fully integrated outdoor activity platform, for web and mobile.
  • Ambitious and 100% committed ownership team, lots of in – house skills.
  • Already making steady revenue, and investing all profits back into the business.
  • Producing their own outdoor gear, new products coming soon, shipping Worldwide.
  • Sustainability focussed business, donating to environmental projects, planting trees.

Potential:

  • The global outdoor clothing market is hot, worth an estimated > USD 34,000,000,000.
  • Planning to integrate existing online marketplaces into their digital platform.
  • Business model combines: e-commerce, affiliates, drop shipping, and own fulfilment.
  • Looking to scale from 10,000 to 10,000,000 platform users in the next 5 – 10 years.

Foreign ownership:

The owners are first of all looking for one or more angel investors who are willing to invest into their Hong Kong (head) company. Foreign ownership in the Hong Kong company should not be an issue. However, obtaining a visa for Vietnam via this investment opportunity is not on the table, at least not in the near future.

Further information:

Are you interested in this investment opportunity? Would you like to learn more about this business, for example would you like to see their pitch deck, and/or their financial overviews? Do you have any further questions, and/or would you like to organise a meeting with the owners: click the “contact button” in the top right corner or send us an e-mail at [email protected] . We look forward to hearing from you! If you are looking for any other investment opportunities, or for businesses that are 100% for sale: have a look at our overview page, or contact us via one of the ways mentioned above.

*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 company 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.

Contact Our Support Team

Related business for sale:

SOLD – Digital marketing software company investment opportunity

(Sold!) Highly potential, online pet accessories business for sale in Vietnam