Recently Sold!
Trademarked Men’s Grooming Lifestyle Brand Ecommerce Business
Asking Price: $390,000
Description
This business is a men’s grooming lifestyle brand. The company sells high quality apparel, headwear, accessories and grooming products branded with its very popular niche trademarked logo. Sales are currently converted 100% through its Shopify store and managed by one owner working about 35 hours per week from a home office.
As a 100% stocked model, products are shipped from vendors to the owner’s main company warehouse where inventory is stocked and fulfilled. The current value of inventory on hand is approx. $40k.
The business demonstrated significant increases in 2020 with sales and profits up triple digit percentages over 2019! Its success has continued into 2021 with sales up 76% and profits up 326% for Jan-Mar’21 over that same period in 2020.
Key Benefits
- Full line of trademarked products with a high gross margin
- Growing Sales and Profits
- Established customer base with many repeat purchasers
- Large following on Facebook & Instagram - over 220,000 combined
- Mature Facebook pixel with a well performing Facebook ads account
- Easy to run, little time needed for day-to-day operations and customer service
- Homebased opportunity
Financial Overview
| Gross Revenue | $905,450 |
|---|---|
| Cash Flow | $163,869 |
| Year Established | 2011 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Consumer Goods |
| Location | USA, Florida (Palm Beach) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building on its solid performance, this business is perfectly positioned for a new owner to take to the site to the next level of growth by expanding the product line, adding International shipping and engaging influencers to name a few.
Competition
Most competitors’ revenue comes from industry related products which is a highly competitive market with thousands of brands selling those products. This business’ main line of revenue comes from its branded hats and t-shirts, which no other company is selling in the quantities it does.