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$63,800 USD

2 Stores, Patents and Inventory deal

www.ezclipse.com

Appears in Home and furniture , Canada, Ontario, Ottawa, Business and Franchises under $100,000, Inventory, Medium Business, Established stores

General description

EzClipse Inc is the largest provider of Magnetic Shades and Trims for existing recessed lights. This product idea came to be when glare from a recessed light was always catching me in the eye and a solution was needed to diffuse and cut down the glare.
With its adjustable Patented fastening system, updating or upgrading recessed lights has never been easier. EzClipse saves you time and money with its simplicity and literally seconds they take to install. It is that EZ!
As of April 2018 EzClipse can be found on Amazon, [REDACTED] , Wayfair, Unbeatablesale, Home Hardware and we have been approved for [REDACTED] QVC and Canadian Tire.
Overall sales have increased by 300% annually, in the last 3 years when EzClipse entered the marketplace. With the new vendors coming on board and other interested parties reaching out to us we believe this growth will continue for some years to come.
Currently, the manufacturing, shipping, warehousing, fulfillment, logistics, social platforms and all the connections have all been set up to effortlessly purchase our products from multiple platforms. A very strong foundation has been put in place for ease of scalability as demand increases. This company can almost run itself.
There are over one billion recessed lights installed in North America alone and growing. Recessed lights can be found in homes, businesses and commercial buildings.
Designs can change as the trends do and there are other future possibilities such as holiday models, sports and licensing as well as advertising opportunities for big brands in this untouched space.
Interest from Europe, Middle East, Australia, Korea and others have all been expressed.

Financials and traffic

Figure above are based on our 2 Shopify stores. (.com and .ca)
Canada store :
View report
$11,990.24CAD

US Store
View Report
$11818.00USD

Average profit/month

$320 USD

Average overall profit margin

18%

Average number of sales/month

24

Value of inventory

$51,300 USD

Lifetime revenue

$34,533.00 USD

Lifetime traffic

70,738 Sessions

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.

Business Expenses

Expense item

Cost

Shopify plan

$271.00/month

Subscriptions (ie. Mailchimp, apps)

$50.00/month

Advertising (ie. Adwords, Facebook ads, etc.)

$20.00/month

Inventory warehouse

$700.00/month

Domain

$29.00/month

Inventory

Inventory is noted at cost.

Located in Ottawa, Ontario and Ogdensburg, NY

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

EzClipse

Instagram

ezclipse_official_

Pinterest

ezclipse

Twitter

EzClipse

Mailing list

412 subscribers

Q & A

Why should someone buy this store?

The hard work has been done. Patented, 40 sku product line, color packaging in 3 languages, websites, fulfilment centers, and the logistics have all been automated. The bonuses that come with this business are the current retail partners and additional online sales platforms. There are also future possibilities of holiday/decorative models, sports models for bars/restaurants and advertising opportunities in this untouched space.
You will own the patents.

How can the future owner improve the business?

The future owner can choose to focus all attention to optimize the Online store side of this business. Most online sales tools are currently non existent for this company as we focused most of our attention on the in store/retail side. The right person or company would quickly implement SEO, marketing tactics, ads and get active on the social platforms that are already set up. Focus all efforts on our top 3-5 products. This I believe would be the quickest and eziest way to grow revenues.

What work have you put into the store?

Both the .com and .ca stores have our full product lines set up (39sku's) with images and videos to accompany. Logistics automation has been set up for order payment, fulfillment and accounting and all runs turn key.

How many hours does it take to run this business per week?

3 hours

$63,800 USD

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Store images

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