SOLD! – FAST GROWING & HIGHLY PROFITABLE ONLINE APPAREL BRAND
The subject Company is a highly profitable business engaged in a fast-growing niche market with an intensely loyal and passionate customer base. They provide affordable, durable and fashionable clothing at an affordable price. Its increasingly strong brand and name recognition, combined with excellent top and bottom line growth make this an excellent acquisition candidate.
2020 Revenues are on track to exceed $9.1M with operating income in excess of $2.1M
Despite the company’s already strong growth trends, there are still numerous and obvious opportunities for scalability and growth, at both the top and bottom line levels. They focus on building their brand through e-commerce on their own website and social media following. They do no Amazon sales, have not yet focused on international sales, and do virtually no wholesale sales to boutiques and brick-and-mortar retailers and they have no storefront locations.
But perhaps its most important special sauce is its strong and passionate customer base and sense of community that has helped grow its social media and ecommerce website traffic to enviable levels. Its customers are truly their no cost ambassadors and gobble up new products whenever they are offered. They also have a high repeat order rate.
This Company has clearly demonstrated excellent results and positive trends both at the top and bottom line levels. Management believes it has all the requisite elements in-place, and is poised, to grow and expand, significantly, to greater financial levels, for years to come.
Asking Price: $8,500,000
Gross Income: $9,177,341
Cash Flow: $2,139,735
Training & Support:Sellers will be happy to assist with a smooth and orderly transition.
Owner Hours Per Week: 40
General Location: ARIZONA