Tom Market Ltd.

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Tom Market Ltd. - overview

Established

2008

Location

Pecs, Baranya, Hungary

Primary Industry

Consumer Services

About

Tom Market Ltd. is a retail company based in Pecs, Hungary, specializing in a wide range of consumer goods to meet the everyday shopping needs of local consumers. Founded in 2008 in Pecs, Hungary, Tom Market Ltd. operates in the retail sector, focusing on providing a diverse selection of grocery items, household essentials, and personal care products.


The company is led by CEO Tamas Nagy, who has a history of entrepreneurial ventures. Tom Market has not undergone any major pivots in its business strategy since its inception, nor does it have any known subsidiaries. Tom Market Kft. primarily operates in the retail sector, providing a diverse range of consumer goods designed to meet the needs of everyday shoppers.


The company's core offerings encompass a wide variety of products, including grocery items, household essentials, and personal care products, all curated to enhance the shopping experience and cater to the demands of local consumers. Tom Market aims to address common retail challenges, such as product availability and competitive pricing, ensuring that customers can find what they need in a convenient and accessible manner. The company serves a broad client base, with a focus on individual consumers seeking quality products at reasonable prices. Tom Market's products are strategically marketed in various geographical regions, extending beyond their immediate locality to include urban centers across Hungary and potentially other parts of Central Europe.


Tom Market Kft. generates revenue through direct sales of its product offerings in retail environments, employing a business-to-consumer (B2C) model. The company reported revenue of USD 8. 34 mn and an EBITDA of USD -0.


49 mn for the year 2022. This revenue structure primarily involves individual transactions where customers purchase products on a per-item basis. The company may also engage in promotional partnerships that leverage bulk purchasing arrangements, enhancing sales volume and customer retention. Pricing plans for their products are structured to ensure competitiveness while maintaining profit margins, with flagship items reflecting their commitment to quality and affordability.


Tom Market Ltd. is focused on expanding its product line to include new categories of consumer goods, with releases planned for the next 12 months. The company aims to enter additional markets, specifically targeting urban areas throughout Central Europe by 2025. Recent funding will be strategically utilized to enhance product development and marketing efforts, supporting their expansion initiatives.


Primary Industry

Consumer Services

Sub Industries

Consumer Services

Website

www.boltotnyitok.hu

Total Amount Raised

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