Ecommerce Business Selling Hand Made Leather Products. 105% YoY Growth

New York, NY (New York County) (Relocatable)

Quiet Light Brokerage
Contact Seller

Asking Price: $2,500,000

Cash Flow: $821,658

Gross Revenue: $2,626,107

EBITDA: $821,658

FF&E: N/A

Inventory: $100,000*

Established: 2014

*not included in asking price.

Ecommerce Business Selling Hand Made Leather Products. 105% YoY Growth

Save Print Share Valuation Report

Business Description

Home-Based Business With Remote Employees

For sale is an amazingly successful ecommerce business that sources and sells handmade leather goods from journals to makeup bags, predominantly through Amazon.

The business has enjoyed astonishing growth for several years and doubled its sales, while nearly tripling its net income from 2017 to 2018.

While the husband-and-wife team are based in the UK, the business utilizes both Amazon US and Amazon UK/EU, with the US accounting for over 90% of the business's overall sales, making it an ideal acquisition opportunity for a US-based buyer.

As one would expect, the business is somewhat seasonal and geared towards Q4. The products do, however, sell all year round and enjoy spikes during various holidays throughout the year.

Key Benefits

Tremendous YoY Growth: The business's top-line revenue has grown from $1.24M in 2017 to $2.55M in 2018 and the owner expects the growth trend to continue as the products' review profiles solidify even further.

Team of Contractors: A team of 6 international contractors ensure the business's day to day success. All of these contractors work remotely, allowing the owner of the business to run it from where-ever they wish.

Fully Relocatable: While the current owner of the business is based in the UK, the business can be run as successfully from anywhere in the world, with the US likely being the best option. There are no physical premises, except for a small office for the owner himself.

Sales Tax Compliant: The business is fully sales tax compliant with a lot of time, effort and funds having gone into making sure sales tax is paid in every state where there can be any potential liability.

Strong Review Profile: The business's best-selling product has an incredibly strong Amazon Review Profile of 1,300 reviews and an average score of a whopping 4.8 out of 5.

Brand Protection: The owner has a registered trademark for the business's brand name in the USA, UK and EU, as well as two pending design patents in the USA.

Detailed Information

Location:
New York, NY
Inventory:
Not included in asking price
Facilities:
Home Based
Home-Based:
This business is Home-Based
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Bryan O'Neil

Business Listed By:
Bryan O'Neil

Quiet Light Brokerage, Inc.

Show Phone Number

View My Listings


Sponsoring Broker:
Mark Daoust

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1626685 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Digital Marketing Training Group

Franchise Opportunity
Capital Required: $25,000