The business, launched online in March 2016, specializes in empowering women through well-fitted, fashionable swimwear. Serving major markets in Australia, New Zealand, the US, and Canada, it fosters a supportive community where women can confidently share images and experiences while showcasing its swimwear on diverse body types. With 30,000 email subscribers and significant followings on Instagram and Facebook, the brand derives 41% of its revenue from email marketing, with Facebook as its top-performing channel. It boasts 23,000 loyal customers, a 68% repeat customer rate, and an average order value of $92. The business is run by its Co-Founders with a small team and operates mostly online with some boutique wholesale operations in the US. Manufacturing takes place in China, and fulfilment is managed by a third-party logistics provider in Sydney that also handles returns and exchanges. The decision to sell stems from the desire for new leadership to propel the company further. Despite prior strategic and financial challenges, it is positioned for growth, evidenced by strong sales during the pandemic. This opportunity may appeal to those in the lingerie or swimwear industry seeking expansion, particularly in the US market. Growth opportunities include enhancing conversion rates, average order values, purchase frequency, wholesale business development, and launching higher-priced products. Inventory and brand assets, including customer databases and existing relationships, are included. Post-sale support will be provided.
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Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More