A Finnish limited company operates in Helsinki, the capital of Finland, selling high-quality food and gift products. All the products are manufactured in the northern regions of Finland, Sweden, Norway and North-West Russia and are sold under own, very nice, unique product brand. The location of the company’s store is one of the best in Helsinki – if not even the best for this type of business. In normal times, before the corona epidemic, this business place was visited yearly by about a million visitors, most of them foreign tourists.
The store was opened in the fall of year 2021, when the travel restrictions were still in effect. Since the corona epidemic eased up in the early summer of 2022, the sales have developed strongly. The number of visitors in the business space is gradually returning to a normal level. The company’s product range is developed further in such a way that the best-selling products are prioritized and thus space for new, potential products are created. At the moment, the sales are accumulating to a sum of about 15,000 euros per month. The store operates under its own brand, and the store’s appearance and operating model are conceptualized in such a way that it can be replicated elsewhere.
Now we want to expand this business by establishing some new stores, which will operate under the same concept or under a franchise concept in such other locations in Finland, where a lot of tourists visit. In this way the sales will increase and the profitability will improve by joint brand marketing and lowered procurement costs in form of purchase prices and transportation costs per unit.
We are now looking for a financially strong and active partner to implement with us this next, exciting development step. This business would be suitable for family entrepreneurs. Based on a partnership, the foreign partner would have a good chance to get a residence permit in Finland. The current owners of the business can also be ready to transfer the responsibility of the development of the company to the new partner on a separately agreed schedule.
Are you interested? Please contact Senior Advisor Ari Huhtala, tel. +358 40 0691 449, e-mail: ari.huhtala@nordconsult.fi, www.nordguide.fi
