Electronics Store for Sale in Vilnius, Lithuania

A highly profitable company with almost 30 years of experience as a home appliances and household electronics retailer. One of Lithuania’s most prominent leaders in direct to consumer sales. We have 20 strategically selected brick and mortar outlets located in high visibility areas, most of which are city and town centres. We sell home appliances and household electronics such as computers, laptops, fridge, washing machines, TV, AC. We are well known and revered by local shoppers as our company offers unparalleled service by over 50 well-trained professional consultants and specialists.
Our ever-growing business represents over 500 brands ranging from smaller fresh start-ups to internationally recognized large manufacturers. Also, our company boasts of its own personal brand of home appliances. Our branded products are manufactured and assembled following world-class standards, design and innovation.
Throughout its 28 years of growth, our company has always retained profitability. Even in such trying times like the 2008 financial crisis, and these days, during the global pandemic, all locations have been rapidly upgraded into pick-up points and have retained their customer base. Last year marked another successful year of growth yielding another record high turnover and EBITDA margin rate.
Company has a staggeringly low employee turnover rate median of 5.1 years. This has been achieved with a very thorough potential employee selection process and training system for new hires, which was implemented in the early stages of business development.
Our retail network is based in the Republic of Lithuania which is a geographical centre of Europe. Lithuania is one of the fastest-growing innovators, featuring the largest information and communications industry in the Baltic States.
Buyer will get the complete business with the brand, website, shop interiors, product inventory.