Back to Listings Lifestyle Accessories Retail Store

Asking Price : $285,000

Annual Gross Revenue : $284,311

Annual Net Profit : $171,536

Profit Multiple : x1.66

Inventory Value: -

R-Index : 206

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From the Broker

Established in 2015, this business sells premium, innovative and fashionable mugs, bags and apparel. The business’ primary customers are young professionals and middle-aged women. Because the business sells its products on its own website and several major marketplaces (Etsy, Zulily, ect) it has a broad customer base.

The business has an extensive social media presence. While the business primarily focuses on Facebook (17k followers) and Instagram (12.6k), it also engages with customers on Pinterest (8k followers) and Twitter (326 followers).

The sale of the business includes the business, all social media accounts, the MailChimp mailing list with 5k+ email addresses, the successful 3rd party marketplace accounts, 1k in inventory, and printing equipment ($2k value).

With unique reputable partnerships, high-quality products, and an established customer base, the new owner will be ideally positioned to quickly expand this business.

The business derives 100% of its revenue from product sales, and the majority of its customers are located in the U.S. In addition to selling its products on its own website, the business also partners with Zulily, Amazon, Etsy, and several other 3rd party marketplaces. Over the TTM, the business’ gross revenue was approximately $289,000.00 and its net profit was approximately $174,000.00.

The business carries inventory and stores it on location. Because the business utilizes a make to order system, it stores a large amount of pre-pressed items on the premises. Once an order is submitted, the owner then converts the inventory into a pressed item. The business utilizes 4 suppliers and has excellent relationships, but no written agreements, with them.

The owners spend approximately 20 hours per week operating the business. This time is primarily spent maintaining the website, fulfilling the orders, and handling customer service queries. The business does not employ any freelancers or employees.

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Sale Pending: No

First Seen: Thu, Nov 2nd 2017

Last Updated: Sun, Nov 19th 2017

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