This business is a boutique retailer offering world class brands for women, men and children. The website focuses on premium brands which strictly control their distribution, brand image and pricing. As an early entrant in the online space, the company was able to secure key premium brands that are much more difficult, if not impossible, to secure now. Rather than being a typical vertical online retailer, focusing on a well-defined product segment, the website is a “horizontal” retailer offering a wide range of product categories to a high-end customer demographic. It is a “boutique” department store with a coveted 5 star rating by Yahoo Shopping and A+ rating by BBB.
The company is run by two owners who each work full time overseeing management, marketing, product purchases and vendor relationships. There are full time employees who manage various departments and part time employees who pack, gift wrap and are customer service reps.
The company stocks its products and is currently operated from 15,000 sq. ft warehouse space and an 1,800 sq ft store. Having made its purchases for the 2013 Holiday Season, inventory levels are at its highest during the year with a current value of approx. $1,000,000. A new owner purchasing this website business now will reap the benefits of high 4th quarter holiday sales, receiving huge cash flows and a great ROI right from the start. Sales for Nov & Dec 2012 reached nearly $3M with net profits of almost $500k!
This business has a proven sales record, solid & substantial profits, large web traffic, a huge email list & customer base and longevity, making this an exceptional opportunity for a buyer to acquire! The timing couldn’t be better for a new owner to receive a great ROI and receive an abundance of cash flows from the upcoming holiday sales!
The business is perfectly positioned for a new owner to take the website business to the next level of growth. Some ideas for future growth include expanding their proven concept with new product lines across the numerous sub categories available within major product categories as well as developing the capability to ship internationally. The owners are passionate about the business and are happy to share other growth ideas.
This business has the competitive advantage in this industry by offering niche brands not available through some of the other retailers and by providing personalized, friendly, knowledgeable, 5 star rated service.