Back to Listings High Margin Proprietary Watch eCommerce Website

Asking Price : $800,000

Annual Gross Revenue : $905,000

Annual Net Profit : $357,000

Profit Multiple : x2.24

Inventory Value: -

R-Index : 159

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From the Broker

Website Closers LLC has been exclusively engaged to list this streamlined, organically-ranked eCommerce website retailer that’s well established in the online fashionable watch and bracelet space. This Internet Company has been in business since March 2016. Featuring a comprehensive lineup of proprietary watches that have been hand-picked from suppliers, this Internet Retailer requires nearly zero overhead and minimal time invested for success - allowing for a profitable operation that can be scaled in the near term in the hands of nearly any investor.

The company currently sells its handpicked products using an “unbranded” approach – which provides a buyer with an enormous opportunity to create a private label brand of watches that can be sold both D2C as well as wholesale B2B.

Scaling since inception, this company has carved out healthy margins in a space known for its high barriers to entry – having laid the groundwork for new ownership, making for a seamless transition opportunity that is second to none in the segment. An acquisition of this company allows a buyer to take on a healthy cash flow with TTM Sales of $905,000 and TTM Earnings of $357,000. Because sales have proven to be directly tied to marketing spend, the sky is the limit on future earnings!

With a modernized Shopify storefront in operation and currently feeding 100% of all sales, an organically ranked domain and a highly effective, targeted marketing measure already in place, this business is primed and ready to immediately scale into and beyond. This business is perfectly suited to move some of the sales mix into an Amazon FBA model and add additional SKUs from existing suppliers.

Utilizing existing supplier relationships, this business can continue to bank on the profitable reliability of the wrist watch segment, and begin to explore not only new sales channels, but the wearables market as well, tying together tried and true verticals with new, innovative and trending verticals in the same segment for maximum growth in the immediate future.

Business Listed by:

Technology & Internet Business Brokers

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Sale Pending: No

First Seen: Fri, Sep 22nd 2017

Last Updated: Sat, Oct 21st 2017

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