A streetwear business, established in September 2017, has effectively grown with a significant following across major social media platforms, including 15,000 followers on Instagram, 2,300 on Twitter, 480 on Facebook, and 310 email subscribers. The business maintains a healthy financial profile, boasting a 12-month revenue exceeding $33,000, with an impressive net profit margin of over 50% and an average order value above $41. More than 800 orders were fulfilled during the pandemic despite limited advertising spending. The sale of this business includes essential assets such as social media accounts, manufacturing contacts worth $11,000 at cost, photographers and influencers contacts, a high-functioning website, and inventory of 690 units.
Revenue is generated primarily through online sales, facilitated by the seller's proactive approach at events and conferences. The business operates through direct and organic searches, with purchasing and fulfillment processes managed via four manufacturers located in the US, Pakistan, and Hong Kong. The owner manages inventory personally, using Shopify for order fulfillment, dedicating 10-15 hours weekly for operations including social media, customer service, and inventory management.
The owner is selling the business to focus more on family life, particularly with a new child on the way. The business is ideal for individuals seeking the flexibility of additional income or those aiming to be self-employed, as it has been successfully managed part-time. Complete post-sale support is included for a seamless transition.