Sports Equipment eCommerce Business - $4.8mm/year Revenue
For sale is an eCommerce business focused on high quality sports equipment. The primary target market are end user consumers ranging from general fitness and exercise enthusiasts to specialized gear for more targeted customers such as rock climbers and gymnasts. The business also offers supplements and active games casting a wider net in the market place than many competing businesses.
The business has been active since 2014 with a steady and impressive growth curve. The business has reported growth of over 2.6X revenue in 1 year from $1.1MM in revenue in 2014/2015 to $3.1MM in revenue for 2015/2016! $3.9MM in calendar year 2016. And $4.8MM in 2017!
Focused on 100% customer satisfaction (4.9 out of 5 star average rating), aggressive branding (all products have branded packaging and a company logo on them), and evergreen niche markets has put the business in a strong position to continue the accelerated growth curve.
The business has proven systems with strong relationships in all aspects of operations that are all transferable to the new owner.
NOTE – Financials shown are for 2017 calendar year.
Highlights & Key Assets:
– Minimal time required for the owner – currently only refreshing Amazon product listings is all they do
– Team in place to run the business
– Ability to run the business from anywhere in the world
– High quality premium products sold
– Highly profitable niches
– Shopify platform already set-up
– Very strong branding and brand name – all the hard work to create momentum has been done
– Poised for rapid execution in new markets – new owner can ride the wave to even more growth
– Accountant understands eCommerce and can also assist a new owner if desired
– 100% full Amazon compliant (very rare to be 100% compliant)
– Main area of growth for the business is more marketing. With more marketing owner has no doubts that the business can grow.
– Retail distribution
– Wholesaling (owner has been contacted multiple times about this)
– International growth is another area for expansion, especially Europe and Japan. They have set up the ground work in both places but haven’t taken it to the next step.
– Expanding all of the products
– (SEE PROSPECTUS FOR ADDITIONAL DETAILS)
Full support and training will be provided. This is negotiable depending on your needs. The owner is committed to making it a success for a new owner.
Team is in place to run the business and will continue working with a new owner if desired.
Reason For Selling:
The owners are a husband and wife team. They enjoy creating new products but not the ongoing operational growth of a larger business. They do not feel they have the skills or the desire to take the business to the next level. A new owner that can do more marketing and better manage the cashflow side of things can grow this business far beyond what the current owners have done. They have put everything they can into the business and are now ready to spend more time and travel with their four teenage children. They are ready to begin a new small venture using the capital from the sale of the very successful creation and growth of their current business.
Sale Pending: No
First Seen: Thu, Mar 1st 2018
Last Updated: Sat, Mar 3rd 2018