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Hucoco

Short Summary

Hucoco have started working with the best furniture manufacturers in Eastern Europe to help them supply to international markets. Profitable and revenue £270k/month (34% GMV) in 12 months. Founder has previous exit in similar space. 3,000 SKU's. EIS.

Overview

Target
US$620,000
Minimum
US$31,000
Investment Raised
N/A
Previous Rounds N/A
Stage Profitable
Investor Role

Highlights

  • 10x growth in 2020 to £270k turnover a month, forecasting €5m 2020 (34% GM)
  • Business is EBITDA positive and order volume has grown significantly
  • Founder has previous exit in similar space
  • Growing catalogue of 3k+ unique furniture items and 40k in the pipeline
  • April trading volume very high with 1,600 orders in 6 days
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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