EXCEPTIONAL OPPORTUNITY IN THE HUNGARIAN TOYS MARKET
Since 2014 the Cartoon and Movie Shop in Budapest for sale is shipping to all of Hungary.
Cartoon and Movie Shop in Budapest for sale: facts without frills
Turnover / after-tax profits in recent years:
2018: gross turnover of 107 million HUF, net profit after tax of 1 million HUF
2019: gross turnover of 125 million HUF, net profit after tax of 26.2 million HUF
2020: gross turnover of 174 million HUF, net profit after tax of 29.2 million HUF
2021: gross turnover of ~ 140 million HUF, net profit after tax of ~ 10 + million (balance will be available in the next 2 weeks) HUF
Leased property:
I have had a physical toy store + warehouses (300 square meters in total) in downtown Budapest since 2014. The value of the assets and equipment is approximately HUF 20 million (included in the price). I rent the property and I have a living contract until March 2024.
I am working along an annual marketing strategy, the 2022 plan is being put together these days. (100+ thousand customers since 2013
Facebook & Google Ads, Google My Company, Instagram, YouTube, Pinterest, TikTok, lots of TV appearances and commercials. We are also ACTIVE on the blogs.) – the sale price includes the transfer of the complete marketing strategy and brutal customer database).
We are followed by 118,000 people on Facebook, making us Hungary’s most popular toy store. It is worth taking a look at the reviews here.
Operation:
Unique, in many cases rare product range (100+ pieces, documented supplier list, with many import options) + self-developed corporate governance system that manages processes + developed marketing strategy = success.
The turnover of the company, and thus its profit, can be scaled by raising additional capital. I will provide specific details after the letter of intent.
It has had a brand for cartoon toys for years, and has grown into a brand in the market. Included in the sale price.
In the event of a sale, I will remain in the company for 1 year as a minority owner and advise on the operation and transfer of all know-how in an advisory or even executive role.
The sale price includes the non-compete agreement for 10 years, ie I cannot participate in the operation of the toy market outside of this company For years.
Reason for sale:
- Franchise goals in 2022. I’m the owner there too. The goal for 2025 is a national franchise.
- I want a milestone in my life. I am from a poor family.
Anyone who cares, let me know and we’ll bring you an appointment even at the toy store, where my lawyer will be present as a silent partner.
