For Sale:
Wood and Leather Focused Accessories Brands with Customizable Products
Asking Price: $95,000
Description
This opportunity includes two brands with wood or leather focused accessories product lines. One offers a wide variety of customizable smartphone cases and accessories, watches and sunglasses while the other offers several high-quality genuine leather smartphone and smartwatch accessories. Both sell predominantly through their respective websites but also have some sales on Amazon, Etsy and Walmart.
Most of the inventory is stocked in-house. The product is small enough that it is stored at the owner’s home office with a current value of items on hand of approx. $20,000. With such a small amount of physical inventory being stored/managed from a home office, the business is easily relocatable and can be operated from any location with internet access.
The business is managed by two owners who combined work full-time operating the business. There is also one part- time employee who works approx. 5 hours per week handling customer service.
Acquisition of these brands provide an excellent opportunity to build off an established ecommerce foundation with lots of growth potential.
Financial Overview
| Gross Revenue | $314,454 |
|---|---|
| Cash Flow | $48,426 |
| Archive Date | 05-15-2020 |
| Status | Archived |
| Year Established | 2011 |
| Employees | 1 PT |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Apparel & Fashion |
| Location | USA, Utah (Salt Lake) |
| Home Based Business | Yes |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
Building upon their solid performance and established foundation, these brands are perfectly positioned for a new owner to take to the next level of growth by focusing on Social Media Marketing and New Product Offerings as well as AdWords Campaigns and Wholesale Distribution to name a few.
Competition
The websites’ key advantages in the industry include strong presence in Google rankings, superior product and recognition for quality custom products as well as high margins while maintaining custom product offerings.