Started in 2010, this 9-year-old sprinter van aftermarket parts business is poised for continued growth. Through many years of trial and error, and with almost no advertising, the business has built an amazing brand. In the trailing twelve months, top-line sales have grown by 96%, and the owner has reinvested in the business by continuing to expand the product line.
The business is lean and can be run from anywhere. Currently, it is run from the owner's home with a couple of part-time virtual assistants. The owner also works part-time (15-20 hours per week). No warehouse is needed as the products are made on demand, and the manufacturer provides the lion's share of the raw materials.
Selling the business was a difficult decision, but the owner has been presented with an opportunity she cannot pass up. She is a native of Austria and now has the chance to raise her children in her home country and take over her family's home and business. This is a true win-win!
Niche: Growing market of #vanlife with a 9-year-old Established brand that is just starting to hit its stride.
Investment In Product Line: Over the past year, the owner has invested heavily in rolling out new products.
Unique Product: The business creates and owns all of its own one of a kind molds that are used to produce its products.
High Average Order Value and Margins: The AOV for retail sales is $1,943 with a 53% margin inclusive of shipping.
Low Marketing Budget - Not including product discounts to influencers, the owner has spent less than $2000 in the last year, with almost 70% of the budget being spent on promotional hats.
Strong Growth: Strong top and bottom line growth at 96% and 70% respectively.
Low Overhead: The owner runs a lean business from her home with a couple of part-time virtual assistants, minimal inventory, and no warehousing.
USA Based On Demand Manufacturing and Shipping: Products are manufactured after an order has been placed and shipped directly from the manufacturer to the customer.
Low Inventory Requirements: Since products are produced on demand and the maunfuaturer provides all of the raw materials, the only inventory requirements are itmes such as adhesive and optional windows.
Location Independent: Working from home with a remote manufacture shipping all products directly to customers, the business is completely location independent.
Minimal Workload: The owner works about 15-20 hours a week from home juggling 2 very small children.
Sale Pending: No
First Seen: Tue, Jun 18th 2019
Last Updated: Wed, Aug 21st 2019