A home fixtures brand, established 5.5 years ago during COVID by a former software and startup strategist, specializes in designer lighting and premium switches. Utilizing business school strategies, the brand aimed to disrupt the traditional hardware market with modern designs at accessible prices. Initially launching on leading e-commerce platforms in Southeast Asia, it quickly became a top market leader in Singapore and expanded with a Shopify direct-to-consumer (DTC) platform, generating a significant portion of its revenue and allowing for increased margins.
The company benefits from strong brand recognition and efficient operations, maintaining over 40% gross margins and high advertising returns on investment. Its operational blueprint includes a remote team managing daily tasks and a Singapore-based warehouse for logistics, making it an attractive acquisition for potential buyers.
The founder intends to sell the business to pivot capital into a new venture, offering comprehensive transition support including operational procedures and supplier introductions. Financial highlights include consistent marketplace performance, a growing DTC channel, and successful B2B contracts contributing to off-marketplace revenues.
Growth opportunities identified include enhancing B2B sales outreach, scaling digital advertising, regional expansion into neighboring Southeast Asian markets, and leveraging its customer database for marketing. The business encompasses a variety of assets, such as brand rights, a Shopify storefront, marketplace accounts, and physical inventory, all of which contribute to its robust position in the market.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More