Private listing #816114
Profitable men's fashion business for sale. Spend only 8- 10 hours a week on an established online business with stable organic sales. Includes $40k inventory at cost. $55k annual profit for last 12 mths.
Overview of business:
This is a stable ecommerce business with peak periods during Christmas, Valentine's Day and Father's Day where most of the year's profits are earned
Revenue source: Organic Search (35%), Paid Search (33%), Social (25%), Email (8%)
Key markets: Singapore (28%), US (25%), MY (16%), UAE (8%), Australia (5%), HK (5%). We have customers from over 60 different countries and only just started bringing in customers from HK and MY this year.
25% of customers who have bought from us come back for subsequent purchases. Average order value is $62 and our estimated LTV is $180 per customer
Over 1800 verified reviews from customers on our site attesting to the high quality and service standards
Over 19,400 FB fans and over 4500 IG followers
Over 8k active email subscribers and over 12.5k total subscribers on mailing list
Highly automated business - I ran the business while holding down a full time job and only started to hire staff in 2015 when the business grew significantly
We hold physical inventory sourced from 3-4 key suppliers. Inventory is stored in a fulfilment warehouse in Singapore.
Business is kept running automatically with one part-time contract staff doing customer service. You can choose to keep the staff and manage them remotely or use your own VA.
I am selling as I have recently relocated to the US for a new full time job. This is the second profitable business I have sold, and I have held it for very long because it generates stable side income without me doing much. However, i think its time for someone to take over the reins as I would like to focus on my new job. In other words, I am cashing in.
However, I do want to make sure I hand it over to a capable owner and I will be vested to support and help the buyer succeed over a 3 months time period. The business has a lot of potential to grow or at least go on being a cash cow for decades.
Financials and traffic
Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.
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