Project Power
Financial data
Project Power is a profitable Belgian retailer of major home appliances, operating from two brick-and-mortar locations in the Brussels-Leuven region, supplemented by a well-established online sales operation and a limited B2B/trading operation.
The company focuses on appliances from established brands and combines regular inventory with opportunistic purchases of, among other things, overstock, end-of-line models, and new appliances with minor cosmetic or packaging damage. Thanks to this flexible purchasing strategy and its accumulated sourcing expertise, Project Power is able to position itself competitively on price while maintaining attractive product margins.
The company operates a multichannel sales model in which its two brick-and-mortar stores are complemented by a substantial online store and selective B2B/trading activities. The customer base is highly diversified, and the company has a core group of returning suppliers, with purchase volumes allocated flexibly based on availability, expected sales value, and margin potential.
Project Power is characterized by a lean and hands-on organizational structure. The current shareholders are actively involved in purchasing, sales, and day-to-day operations and are supported by two full-time employees and external freelance support. The shareholders are willing to work with the buyer to establish an appropriate transition period to facilitate a smooth transfer of operations.
Further growth opportunities include a more structured use of CRM and digital marketing, further development of the online sales channel, and selective geographic expansion.
- Location
- Brussel
- Legal form
- Company
- Number of employees
- 4
- Customer type
- B2B (Business to Business), B2C (Business to Consumer)
- Active since
- 2004
- Real estate included
- No
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.
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