Back to Listings Ecommerce Business Selling Unique and Patented Glassware

Asking Price : $1,100,000

Annual Gross Revenue : $1,192,890

Annual Net Profit : $376,957

Profit Multiple : x2.92

Inventory Value: -

R-Index : 128

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From the Broker

For sale is an ecommerce business selling a small number of entirely unique and patented champagne-related drinkware products through Amazon (77%), Spotify, as well as wholesale channels.

Launched in 2015, the company’s first product quickly gained traction and went viral across several popular websites, such as Mashable, Forbes, Buzzfeed and Huffington Post, causing the product to sell out within its first month.

Since then, the business has expanded to a total of 12 (9 active) SKUs and seen impressive success, transforming it from a single product to a lifestyle brand.

Despite a small Year-over-Year decline, the company is on path for a very successful 2018, with January 2018 numbers being significantly higher than January 2017. This has been achieved through sufficient diversification and introducing new products.

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Listed By

Sale Pending: No

First Seen: Tue, Feb 13th 2018

Last Updated: Sat, Mar 3rd 2018

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