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HK Leather Brand Co. In Hong Kong For Sale

Hong Kong, Hong Kong
Asking Price:
$250,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Leather brand Flying Zacchinis, with full USA, China, Hong Kong trademark is now for sale.

The company was founded in Hong Kong in 2011 and sells to customers across Asia, Europe and North America. Web & Brick-and-Mortar shops are for sale.

Flying Zacchinis has 70 products in variables of 5 colours all individually designed by us, most of which are unisex; E.g., bags, belts, small accessories, wallets, leather stationary product, laptop/portfolio cases, and more.

The company has established an ongoing relationship with a production facility over 5 years which guarantees consistent, on time, high quality production.

Flying Zacchinis has a multi-channel sales policy through its established online store, direct wholesale to stores worldwide, an established flagship store in Hong Kong and partnerships with airlines mileage programs.

We have a multi-channel marketing strategy, utilising e-newsletters, Facebook, Twitter, Instagram, Pinterest and Google. We have been featured in print articles across all our markets.

FZ has attended trade shows consistently in Europe, USA and Asia; E.g.: Capsule, Bread and Butter, Selvedge Run over a 5 year period.

Lease expires May 2018 and is renewable.

The owner is willing to agree to a transitional period to transfer the business. Included will be all trademarks, domains of social media sites and website and existing customer database.

More details available upon request, please contact seller below for more information.

Property information

Real Estate:

Lease

Lease Terms:

The lease is until May/2018.

Leasehold Rent:

$42,000 (USD) per annum

Location:

Boutique Shop in central Hong Kong - PMQ, a landmarked tourist destination.

Premises Details:

The store as well as equal size office (2 spaces) and small balcony, 850 square feet total. Office enough for 3-4 employees at a total cost of USD3,500 per month (includes A/C, phones, WiFi, electricity) in Central, HK. - exceptional pricing for HK, especially at a landmarked tourist destination The lease expires May 2018 and is renewable.

Size in square feet:
850

Business Operation

Expansion Potential:

As all of the company’s elements, e.g.: back office, design, sampling, production, QC, and delivery are in place and functioning well, the company is ripe for expansion. Both small and large orders can be entertained without problem.

Competition / Market:

Limited competition in area of handcrafted leather accessories.

Reasons for selling:

Retirement.

Trading hours:

Daily, 1-8 pm

Employees:
4
Years established:
6

Other Information

Support & training:

The owner is willing to agree to a transitional period to transfer the business.

Furniture / Fixtures value:
$7,700 (USD) - included in the asking price
Inventory / Stock value:
$60,000 (USD) - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Seller

Contact Information

    1. Your Address

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