For Sale:
FBA Popular Socks and Shoe Brands, Candy Sales, and Fulfillment Operations
Asking Price: $4,725,000
Description
With its impressive growth trajectory and steadily increasing cash flow, this opportunity is a niche e-commerce company specializing in high-quality brand name socks, shoes, and apparel, offering both brand name third-party and exclusive brand name items. In addition to its main offerings, the company operates a separate store selling candy under its own brand as well as utilizing proprietary warehouse management software to streamline operations and provide fulfillment services to other sellers.
While the majority of sales come from Amazon FBA, this business also generates revenue through its Shopify store, as well as other e-commerce channels such as eBay and Walmart. With years of successful operations and consistent year-over-year growth, it has built a strong foundation, including strategic vendor relationships, high Amazon rankings, custom Amazon listings, and scalable operations.
The company has experienced impressive growth, with 2024 revenues up approximately 100% over 2023. This continued success has created a robust business model that presents an attractive opportunity for a strategic buyer or firm looking to enter the sock and footwear industry without the typical barriers to entry.
Key Benefits
- High Growth with Steadily Increasing Cash Flow
- Excellent Vendor Agreements with its vendors, all of which no longer sell to new sellers
- Significant Presence on Amazon - 2024 Total Amazon sales: $8.6M+ (up from $5M+ in 2023)
- Continued Growth Without any Additional Investment – 2025 Total Amazon sales projected to be around 12M+ (compared to $8.6M+ in 2024) without opening any additional channels or products
- Undeveloped Channels – TikTok Shop, Walmart, eBay, Websites
- Great Relationships - with 16 additional sock/apparel vendors
- Margins – vendors have approved margin increases for 2025 for even greater revenues
- 2025 Pre-Season Inventory Orders - currently placed to increase 2024 sales
- Order Fulfillment - sufficient inventory on hand to continue 2024 growth
- Upside for New Owner - warehouse space and fulfillment services could be available after sale
- High Level Oversight - upper management could help maintain vendor relationships post sale
- Proprietary Software - proprietary warehouse management platform software
- Rich Experience - maintained mall stores in 2 large local malls
Financial Overview
| Gross Revenue | $8,924,798 |
|---|---|
| Cash Flow | $1,126,310 |
| Year Established | 1991 |
| Employees | 4 |
| Inventory | Not Included in Asking Price |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Apparel & Fashion |
| Location | USA, Utah (Salt Lake) |
| Home Based Business | No |
| Seller Finanacing Available | Yes |
| Income Sources | Products/Services |
Growth
Building on its well established foundation and current growth trends, this business is positioned for a new owner to take the brand to its next level.
Some strategies for future growth include:
- Management has identified several ways to grow the business or to maintain a high growth rate
- Continue to expand top sock brands product lines
- Add the business to an existing Amazon model
- Open up fulfillment and warehouse services to new clients
- Expand brand development with major vendors
- Expand candy sales
- Huge growth opportunity to develop existing and new unique company owned products that fit in the space and can be acquired at lower cost of goods allowing more flexibility with pricing and revenues
Competition
Competitive Advantages Include
- Limited Competition - sock brand suppliers only authorize a limited numbers of retailers to sell their products on Amazon.
- The business has special agreements with specific Brand suppliers that new sellers cannot obtain
- The business has proprietary Warehouse Management Software that helps significantly reduce labor for pick, pack and ship functions
- The business has semi-exclusive listing rights with a top sock brand