The target is a super high growth eCommerce consumer products retailer that offers a fully branded, proprietary line of high-end Art, Office Supply and Gift Products. The company focuses on creating visually stunning, premium art products where quality is the main priority and focus. This family of products stand out from its competitors, with modern, forward-thinking design, eco-conscious packaging, and unique, bold concepts.
This Internet Company is the definition of high growth. Founded in January 2016 with solid sales throughout 2016, in 2017 the company really found its strike and accelerated with Sales of $3.3 Million and Earnings of $790,000. The Company has created an exciting and profitable niche in the in the Art Supply, Office Supply and gift space. Best-selling products include beautifully and proprietarily-designed fountain pens, ink cartridges, dry erase markers, gel pens, permanent markers, fabric markers and highlighters. In 2016, the Company originally launched its products on the Amazon-US platform. 2017 saw this eCommerce giant expand into 7 additional international markets and onto additional marketplaces at Walmart and eBay – not to mention its own website storefront. Unlike many other eCommerce retailers, these off Amazon sales channels contribute a significant amount to the company’s revenue.
The company stores and ships all products through the Fulfilled by Amazon (FBA) program. Therefore, the new owner will have no warehousing needs, making this company easy for transition as well as a 100% relocatable opportunity. The Company has a number of immediate scale opportunities, including an immediate opportunity to add existing SKUs to other marketplaces. Additional opportunities include the expansion of its website storefront, using the value of the brand to grow an affiliate base and the expansion of products both in its current categories and also into lateral categories.
This business has three performance factors that make it stand out from the eCommerce crowd:
1. Scale. The Business has expanded into Amazon marketplaces in the UK, Germany, France, Italy, Spain, Canada and Japan, but only with a fraction of the total product line.
2. Branding. Many of the products are proprietary and all are excellently branded with eye-catching designs and an eco-friendly message. These attributes can be used to scale the ecommerce storefront, especially on major search engines.
3. Need. The primary products sold by the company are evergreen in nature, generating repeat business and appeal to an ever-replenishing customer base of people that need the products themselves or would like to offer them as gifts.
In the hands of the right buyer, this company will be a stellar bolt-on opportunity to any business in this vertical, or a fantastic standalone brand to scale both on and off Amazon, keeping the company’s existing growth patterns on-target and climbing for years to come.
Business Listed by:
Technology & Internet Business Brokers
Sale Pending: No
First Seen: Sat, Jan 6th 2018
Last Updated: Wed, May 30th 2018