The business in question is a three-year-old enterprise specializing in quality safety shoes, operating under a registered brand. Monthly sales reach up to 860 units, with an average order value of $66.38, contributing to a net profit margin of 23%. This results in an average net profit of $3.1k per month, considering advertising expenses. The brand has gained a significant following, with 10,410 email subscribers and 1,460 followers on Facebook.
Operations involve acting as a registered trademark reseller in the USA, leveraging direct supplier contacts to maintain high-quality standards. Customers include both retailers and companies, with responsibilities ranging from order fulfillment to email marketing during holiday seasons. Time investment for optimal management is estimated at around 3 hours daily, excluding creative and campaign aspects of advertising, which can be outsourced to an agency.
The customer base includes US residents who discover the brand through organic searches and paid advertisements on platforms like Facebook, Instagram, and YouTube. The business boasts over 10,450 newsletter subscribers and active customers, maintaining a 9% customer return rate.
Financially, the store generated approximately $35k monthly until April, with material expenses of $18k and advertising costs of $9k, yielding a personal net income of $7k after taxes. Operations were halted due to the owner's personal commitments, specifically caring for a sick relative, prompting the decision to sell. The owner expresses a hope that the business will be taken over by an aspiring entrepreneur, acknowledging the effort required to build its current reputation.
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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