Back to Listings Listing #44882: Apparel & Accessories

Asking Price : $34,073

Annual Gross Revenue : $28,463

Annual Net Profit : $14,603

Profit Multiple : x2.33

Inventory Value: -

R-Index : 154

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From the Broker

This listing is for an ecommerce two-site-package created in August 2013 in the accessories niche. The business focuses on a popular men's accessory made out of unusual and trending materials. This includes two different brands which each have their own Shopify site, Etsy store, and Instagram accounts. The business also has an Amazon Handmade account and does wholesale transactions. The set up of this business provides for large margins with minimal work required to manage and maintain.

The Seller buys supplies every other month and has them shipped to two different US-based manufacturers to take care of the production of the parts. While a family member of the Seller is currently paid to take care of assemblage and fulfillment, one of the part creators has expressed interest in taking this task over. Both manufacturers have expressed interest in continuing with the new owner.

*While there are several revenue streams, all of the orders aggregate in one account so it feels like one store as far as fulfillment and analytics is concerned.

*There is a seasonality to this business with the majority of sales coming between November and February.

*The Seller currently has stock stored at their residence and will transfer to a third party logistics warehouse as necessary.

*The Buyer of this business will need a US bank account or an international borderless account to transfer the Etsy account.

Site Highlights

Average Monthly Revenue: $2,372

Average Monthly Expenses: $1,155

Average Monthly Net Profit: $1,217

* We are using the last 12 months to determine the averages.

Assets Included in Sale

Included in the sale of this business are:

  • 2 Branded Shopify sites
  • 2 Etsy stores
  • 1 Amazon Handmade account
  • Social Media accounts
  • Manufacturer relationships
  • Wholesale relationships

*Inventory is not normally included in the list price, further details can be provided to active depositors.

Work/Skills Required

The Seller currently spends around 4 hours per week:

  • Answering customer questions
  • Occasionally resolving any issues
  • Buying supplies throughout the year and having them shipped to contractors

Reason for Sale

The Seller is entering a new field. They also feel like they have grown the business as far as they have the skills for, even though there is much more room for the business to grow. They feel they are much better at design than at ecommerce and they hope someone can step in to bring this brand to the next level.

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Listed By

Sale Pending: No

First Seen: Tue, Jul 31st 2018

Last Updated: Sat, Nov 24th 2018

Rhodium Weekend 2015
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