Back to Listings eCommerce Retailer in the Fashion Watch & Watchbands Space

Asking Price : $170,000

Annual Gross Revenue : $186,414

Annual Net Profit : $62,321

Profit Multiple : x2.73

Inventory Value: -

R-Index : 135

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From the Broker

The target is a 19-Year eCommerce Retailer in the fashion watch space, offering watchbands of all types for all major brands. The business offers over 4,400 SKUs consisting of watch bands, straps, and buckles in numerous variations - covering fit, finish and sizing of every major brand on the market. This moderately seasonal business sees very little down time thanks to universal product application, and it enjoys a very attractive $60 average ticket price with a 34% repeat customer base. Thanks to the consumable nature of the company's core offering and the worldwide watch market's rock-solid stability as a discreet segment, this is a platform from which nearly any measure of growth can be achieved.

Seeing continuous growth while asking only a small workload of ownership, the company has forged solid vendor relationships that allows for rapid inventory turnover, as well as a very lean stock & ship warehouse footprint due to the nature of the product. With a Seller Central Amazon account already established, transition to the Amazon FBA platform would be seamless, instantly streamlining fulfillment and steering toward incremental growth. Offered by a motivated seller, current ownership is willing to train and consult comprehensively - no experience in the wrist watch space is needed, making this a standout opportunity for absolutely any prospective owner.

Selling exclusively through its own DTC website, an Amazon Seller Central Storefront and eBay, this Internet Retailer has yet to expand in terms of sales channels - Wal-Mart, Alibaba, Etsy, Pinterest, and others that are sure to yield high ROI growth opportunities. Yet to tap into wholesale or brick and mortar, this very trendy and salient fashion offering is in a great place to hit store shelves and explore wholesale options as well.

Featuring 400 5-Star Reviews on eBay, an email database of 10,000 and a visitor experience of over 7,500 visitors a month to its website, this niche retailer has positioned itself nicely in a trending space with an upscale, in-demand product within a technology sector seeing nothing but growth for the foreseeable future.

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Sale Pending: No

First Seen: Tue, Jan 8th 2019

Last Updated: Wed, Jan 9th 2019


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