Distribution: With offices in Hong Kong, China and
India, the company enables its clients to achieve seamless solutions to
sourcing, and logistics of a wide range of products, originating in China, the
Far East, and Asian Sub-Continent. Their offices are located near the largest
ports for easier logistics and proximity to vendors and manufacturers. They
offer products and services to clients of different market sectors across the
retail, wholesale, distribution and export sectors, and compete in USA, Mexico,
South Africa, Eastern Europe, India, Israel, and the UK.
Operational
Strengths:
Included
in the asking price is a bank line of credit of $3,750,000, a fixed bank
deposit of $655,000 and real estate in Hong Kong valued at US $491,678.
The Transaction: The owner is moving from Hong Kong to
California, and having launched this firm, now in its 17th year, is
selling this business in which he has sole ownership.
Financial Summary
(000s)
|
|||
2018
|
2017
|
2016
|
|
Revenue
|
$7,145,378
|
$9,219,698
|
$8,205,907
|
Adjusted
EBITDA
|
$727,094
|
$519,654
|
$879,831
|
Other Highlights
|
||||
Location
|
Financials
|
Management Team in Place
|
Years in Business
|
SIC Classification
|
Hong Kong
|
Yew
|
Yes
|
17
|
3631. 3632, 5099
|
Direct
All Inquiries to:
Gottesman
Company
Refer
to: S-1627-6 LB
Tel: 718-618-5346 UK Office: +44 (0) 7906786505
E-mail: dmj@gottesman-company.com