The business, a travel and lifestyle brand, operates in over 125 countries and utilizes Shopify, Amazon, and wholesale channels for sales. With operational 3PL warehouses in the United States, UK, Germany, Netherlands, and China, it offers expedited shipping (1-5 days) based on customer's location. The enterprise enjoys 1.3 million monthly page views and generates an average monthly net profit of $1.3 million. Its sale proposes a unique investment opportunity, promising substantial growth or international expansion potential, complete with a large customer base, brand assets, contracts, vendor relations, inventory, and post-sale support.
Established in March 2020 and reaching over $10 million in sales, the business benefits from a 500,000 strong email list, a 30% returning customer rate, and a $500,000 inventory. Marketing efforts, such as multiple professional photo and video shoots, complement its operations and significant online presence, illustrated by diverse social media channels and a vast mailing list. Despite a decline in revenue post-pandemic sales boom, due to changes in marketing investment following IOS14, the brand maintains its market position with products like reusable FFP2 face coverings certified in Germany.
The decision to sell the business is driven by a desire to focus on a new SAAS initiative. The proposition is opportune for businesses seeking immediate growth, leveraging a profitable e-commerce platform with an established international footprint. The package includes diverse assets such as customer databases, custom technology, and comprehensive post-sale support. This transaction also aims to fund ongoing developments within the parent company's broader portfolio.