||Employees||3 full, 9 part
* Included in Asking Price
This predominantly e-commerce luxury retail business with proprietary SaaS security technology business for sale has a strong start towards experiencing exponential growth! They offer a range of luxury accessories with a high tech cellular security component. Clever, stylish, and safe through a range of proprietary design features, software and hardware. This company is able to provide tracking, notification and communication on a global scale. It differentiates itself from other similar companies by their high end luxury product as well as their well thought out technology approaches that solve many of the common problems in the security and tracking industry. Their product and service is a niche that makes them attractive to a wide customer demographic everywhere.
Their current products and services include a line of popular luxury accessories in an industry that globally sees $40 billion in sales annually. Their products are considered high end luxury items, and have a higher than average price point with a very specific and established customer demographic. In addition, there is a security technology component that includes a recurring revenue stream through subscriptions to their SaaS technology. Their products and services fill a strong need in a niche market.
The company offers its products through a diverse spread of sales channels from e-commerce sites, Brand Ambassador program, partnership with advocacy groups, and licensure with competitor manufacturer brands offering similar accessories. They have plans for aggressive entry into overseas markets with retail locations and e-commerce. Their sales channels are currently growing through their e-commerce site, Amazon, and Bluefly! They are in negotiations with a couple more.
A new owner operator would get a turnkey business, with operations, technology and IP in place to grow rapidly over the next few years. The current owner has poured a great deal into marketing strategies and collateral material such as online advertising, video and commercials. The current owner has projected aggressive growth in product sales, but also in online subscription plans. Current ownership has invested over $500,000 in startup costs for infrastructure, intellectual property, software, etc. With an influx of capital, the right person could step in and be part of a rapidly growing product in a rapidly growing industry, just by following a few well planned strategies already in place.
Due to the unique nature of this business and the variety of acquisition structures that the Seller is willing to entertain, it will be assumed that the Purchaser, and/or advisor of Purchaser, will possess sufficient financial sophistication to determine value and submit a purchase offer.
Required Licenses: Business
|Training/Support:||Seller will negotiate a transition period|
|Sale Reason:||Other Business Demands|
Seller Reference #INDIAIN001-N1736
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