Back to Listings Thriving Custom Hat Business

Asking Price : $645,000

Annual Gross Revenue : $631,035

Annual Net Profit : $267,328

Profit Multiple : x2.41

Inventory Value: -

R-Index : 149

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From the Broker

For sale is a fast-growing ecommerce business in the customized apparel space. It has been selling made to order hats, caps, and beanies to customer around the world since 2002. While the business' products have wide appeal, its typical customers are clubs, bars, schools, and corporations. The business' high-quality products have drawn rave reviews and helped the business maintain its steady year-over-year growth.

Revenue year to date is up 49% over the same time period in 2017 and profit over the same timeframe is up 50%. Over a two-year period, revenue is up an impressive 140% and profit is up 147%! Despite this growth, there are plenty of options to expand sales beyond where they currently are. The business has not employed any Facebook or social media advertising, and no advertising of any kind has been used since 2013.

It is operated by one owner/operator and he is selling the business because he is ready to retire. The sale includes the website and related domains, current inventory, customer database, all supplier relationships, and a mailing list of over 5,000.

If you are looking for a thriving business with high-quality products, 15 years of success, and several lucrative growth opportunities, this listing could be a perfect fit.

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Sale Pending: No

First Seen: Tue, Dec 4th 2018

Last Updated: Wed, Jan 16th 2019


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