Online Retailer with Brand & Tremendous Growth! (37764)
RetailFor Sale in MI
Financial & Assets Details
About the Business
Business Description
Accepting Offers! Situated in Michigan, this product developer specializes in selling branded backpack coolers, sports apparel, stickers, labels, drinkware, and other related products. Sales have gone from $300,000 to projections over $5,000,000 in just 5 years! The products are primarily sold online, using an outside fulfillment center to manage their inventory and a virtual contact outreach with over 160K individuals. Growth potentials exist through additional capital for materials and extra marketing avenues, making it an ideal for investment opportunities. Open to majority and non-majority partnerships and deal structures, the business offers a wide range of merchandise for its clients produced on a per-order basis with offshore manufacturing expanding. Ready to be taken to the next level, company had $3,152,622 in Revenues for 2020 alongside Discretionary Earnings of $194,841. Operating from a small office space with a reliable personnel of seven nonunion employees likely staying post-sale currently in place, seller is open to a transition up to five years in wait of the right opportunity. Besides maintaining a website and using a plethora of social media resources, e-commerce efforts also rely on promotion texts, email blasts and concert attendances. Ample growth opportunities exist through diversified sales efforts and licensing. Contact IAG today!
Seller Financing
Negotiable up to 20% for the right buyer.
Location Details:
Leased office space and outside fulfillment center used for Inventory.
Support & Training
Period of up to 5 years for the right opportunity.
Reason for Selling:
Approaching retirement and/or pursuing other interests.
