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SELLER GUIDE
3 Comments
1,074
Views
39 Watchers
Watch
Another Ecommerce Store Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, North America
Seller Location
Austria
Buyer Location
United States
Looking to sell a similar business? Or, Browse Similar Businesses
Want to see more like this? I’ve found similar off-market businesses. Let’s take a look.
ECOMMERCE STORE
Currency:
Ecommerce Store | Design and Style
Verified Listing
A legendary, 14-year-old leather and canvas goods brand founded in Cape Town, South Africa in 2009. Incredibly easy to run, low overheads, lots of potential.
Business Location
Site Age
17 years
Monthly Profit
USD $659 /mo
Profit Margin
50%
Profit Multiple
1.5x
Revenue Multiple
0.8x
About the Business

The business for sale is a well-established brand, renowned for high-quality leather and canvas goods, with a rich history dating back to 2009. Currently owned by an individual who took over in 2021, the business is now being sold to allow the owner to focus on other commitments. Despite being successful, the owner lacks the time to fully exploit its potential. The business has significant growth opportunities, such as leveraging its 11,000 Instagram followers by expanding social media and digital marketing efforts, as well as adding new products like smaller leather accessories to its range. The business operates simply by liaising with manufacturers, fulfilling orders, posting on social media, and managing inventory with contacts provided. Although previously relying on physical stores, it now functions solely online, maintaining a steady monthly sales flow. Notably, it held a strong presence in Cape Town's physical retail scene pre-pandemic. A prospective buyer would acquire the entire brand, including its assets, design patterns, and operational contacts. The sale includes all branding and photography assets, 30 days of personal support from the current owner, and two Shopify stores catering to different markets. Immediate areas for growth include enhancing online marketing, broadening the product line, reinstating retail presence in select areas, and pushing international sales, capitalizing on existing interest from overseas markets. Necessary skills for managing the business are an understanding of customer acquisition and marketing leather goods. The transition is designed to be seamless, supported by a capable manufacturing partner.
Data Verified Listing
This business has connected the following data integrations:
  1. Shopify

About the seller
Pierre Steyn
Chapel
Austria
Verification Complete
Email address
Phone number
Government ID

1 transaction totalling USD $12,000

Payment Methods
Escrow.com
FlippaPay
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3 Comments
1,074
Views
39 Watchers

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