The business focuses on reselling licensed fan gear related to professional and college sports through an online marketplace. Their products include team flags, lanyards, youth sleeping bags, backpacks, beach towels, and hats. These items are sourced from both domestic and international suppliers, often at significant discounts through wholesale or overstock deals, and sometimes via auctions. The business exclusively sells new items in retail condition, with a current portfolio of approximately 130 items. While it functions under a larger legal entity that handles other business activities, the business itself boasts a high customer satisfaction rate.
The opportunity presents high potential for growth if more resources are allocated to sourcing products and optimizing advertising strategies on the platform. The business rapidly increased its sales from inception, reaching a notable annual sales figure despite market challenges in 2020. Sales performance improved significantly in the following year, demonstrating resilience and growth potential.
The profitability model hinges on purchasing goods at discounted rates from a network of six main suppliers, with automation tools assisting in pricing and tracking competition and profit margins. The operation requires a flexible work schedule of 2-3 hours per day, and the fulfillment process is largely handled by the online marketplace's logistical services.
The sale includes various assets such as supplier contracts, digital resources, and existing relationships with manufacturers. While inventory is not part of the sale price, prospective buyers can purchase it at cost. The business offers substantial support post-sale, providing guidance and introductions to suppliers to ensure a smooth transition and continued success.
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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.
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2. Conduct Due Diligence.
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