Back to Listings E-Commerce Leather Goods

Asking Price : $150,000

Annual Gross Revenue : $1,535,460

Annual Net Profit : $238,103

Profit Multiple : x0.63

Inventory Value: $300,000

R-Index : 501

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From the Broker

This is an exploding niche within the leather goods industry -- products that protect against identity theft. This highly successful E-commerce business can be relocated anywhere and operated semi-absentee. RFID technology is most common in driver's licenses, passports, office security badges, parking lot cards and bank cards, anywhere radiowave frequencies are used to broadcast personal information. Bandits use electronic skimmers to steal the information. But these RFID-blocking products prevent such theft.

The company offers high-quality leather handbags, wallets, briefcases, shoulder bags and vegan-based products. More than 80% of gross revenues are produced as a Fulfillment by Amazon (FBA) retailer. The firm also sells through Ebay, Walmart, Sears, Shopify and other channels. 

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Sale Pending: No

First Seen: Wed, Apr 26th 2017

Last Updated: Fri, Oct 20th 2017

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