For Sale:
Trademarked Brand Wireless Audio Devices Ecommerce Business
Asking Price: $300,000
Description
This business offers a leading trademarked brand of superior quality wireless audio devices with sales converted through its Shopify store. Since its creation, the company has accumulated 83k+ customers, nearly 300k engaged followers on Instagram and has surpassed $6.4 million in gross sales to-date. Well-known celebrities have been seen using the products.
The company stocks inventory and fulfills orders from leased warehouse space. The approx. inventory value is around $200,000. It is operated by one owner who works approx. 20 hours per week handling marketing, monitoring sales and manages inventory as well as new products with manufacturers. There are several contractors who respectively handle fulfilling orders, customers service, bookkeeping and content creation which includes influencers who promote the products. The contractors are willing to continue on with a new owner.
This business has tremendous product branding and excellent foundation providing a great opportunity for any buyer looking to acquire an ecommerce business with innovative branded product lines and lots of room for future growth in a unique niche industry!
Financial Overview
| Gross Revenue | $1,728,163 |
|---|---|
| Cash Flow | $111,337 |
| Archive Date | 08-21-2022 |
| Status | Archived |
| Year Established | 2017 |
| Employees | 0 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Electronics |
| Location | USA, California (Select County) |
| Home Based Business | No |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
Building on its solid performance, this business is positioned for a new owner to scale by selling on Amazon, going into retail, hiring a fulfillment center, and working with more influencers.
Competition
This business has the competitive advantage in this niche by priding itself on using the highest quality components to construct its products. Additionally, the business is well branded and the team understands social media marketing very well.