Back to Listings Giveaway Company w/Over $10M in Revenue, 30% Net Margin, and Over 30% Repeat

Asking Price : $13,500,000

Annual Gross Revenue : $10,020,200

Annual Net Profit : $3,118,070

Profit Multiple : x4.33

Inventory Value: N/A

R-Index : 94

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From the Broker

Launched in 2015, this booming eCommerce business is firing on all cylinders. What started out as a passion for motorsports at a young age has turned into a rapidly growing ecommerce business with profits in the TTM coming in over $3M and revenue topping $10M.

This brand is an automotive enthusiast clothing and accessory brand. Purchasing their products comes with an added benefit in the form of entries for sweepstakes. Since 2015 they have given away over 20 cars to customers who purchased their products. The combination of understanding the target audience, fantastic product design, and exceptional social strategy has made this brand a household name in the motorsports space.

They have over 400,000 Facebook followers, 410,000 Instagram followers, and boast over 21M minutes watched on Facebook and over 2M on YouTube. When a contest is launched it consistently goes viral across their social channels. They have had over 70M engagements on Facebook. The opportunities to grow and expand the brand are substantial. For each contest launched they average about $1.7M in revenue.

This business comes with a full time staff, equipment, and a facility that can be leased making this a fully transferrable operation. The 3 owners do work in the business and the new ownership group will need to identify management to oversee the day to day operation.

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Listed By

Sale Pending: No

First Seen: Mon, Dec 17th 2018

Last Updated: Tue, Jul 9th 2019

Rhodium Weekend 2015
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