Comforter concept seeks investor

Name: Comforter concept seeks investor
Brand: Brookz

With a capital requirement of 250,000 euros

Investor sought for comforter concept with capital requirement of 1 million euros. Get in touch via Brookz

Revenue €3M – €4M

Profit Profit

Sector Wholesale · Retail

Industry Home textile and sleep comfort companies

CountryNetherlands

Region Not location-dependent

Sold

FTE

Legal form

Type of customers

Client Type

Offered on behalf of.

Screened

Verified by Brookz

The business has already been sold and therefore you can no longer comment on this profile.

Guaranteed response from the seller

This profile is up-to-date and available.

100% independent platform

Revenue: €3M – €4M

FTE 2-5

Description

Entrepreneur started selling comforter covers 5 years ago, then designed their own new innovative comforter cover concept, which was sold both B2B and B2C.

Business model
Making beds can be much faster and more efficient through the developed product. This is particularly interesting for hotels/holiday parks, but the private market is also very interested in it.

Current situation
Due to problems with production and a leakage that was not reimbursed by the insurer, they stopped operations in 2019. The current entrepreneurs (incl. original founder) have recently decided to start up again and have first made a number of improvements to the product and the production and delivery process and have started acquiring new customers.

Turnover
The expectation is that during the corona crisis one can quickly reach a level of +/- 350,000 EUR per month (< 6mnds) and that after the corona crisis, i.e. when hotels/holiday parks and stores reopen fully, revenue can grow to +/- 700,000 EUR per month. At the peak, the entrepreneur in the Netherlands achieved revenues of +/- 350,000 EUR per month (on his own).