Amazon is expected to surpass Macy’s to become the biggest apparel seller in the US this year and this business is poised to take full advantage of this growth with product lines that match Amazon’s No-2 selling category. This business sells a branded line of women’s garments almost entirely on Amazon.com.
Launched in 2012, the most recent twelve-month period produced over $7,000,000 in total revenues, up 60% from the prior twelve months. Year over year discretionary earnings are steady, even with a staff increase totaling nearly $200,000 YTD. The current owner now works just 15 hours a week operating the business.
Growth opportunities for this business include focusing on the recently designed and launched website, expanding to Amazon.eu, Walmart.com and the many daily deal sites such as Zulily that are a perfect fit for this product line. Product line expansion is also a clear path to growth, with some newer lines becoming hot sellers. The owner feels any basic marketing would drive revenues, as current efforts have been minimal.
Manufacturers are located domestically and abroad. Suppliers regularly visit the business owner to present new product ideas and materials. The current owner is selling because he has reached his capacity for growing a small business, and feels a more experienced and growth oriented owner would be better suited to take this business to the next level and beyond.
Sale Pending: No
First Seen: Tue, Aug 22nd 2017
Last Updated: Mon, Sep 11th 2017