* Included in Asking Price
Established in 2012, this relocatable E-Commerce and Merchandise Company has boasted incredible YOY revenue growth since its inception. It had over $1,900,000 in revenue in 2016, which was a 70% increase from prior year. In 2017, it grew another 57% after exceeding $3,000,000 in revenue.
The Company sells its own branded streetwear apparel and accessories on their E-Commerce site and through a number of online retailers such as Amazon FBA, Karmaloop.com, and Zumiez.com. The products can also be purchased in Zumiez's brick and mortar stores throughout the US and Canada as well as LIDS retail outlets in the US. Additionally, last year, international distribution agreements were secured in China, Hong Kong, Taiwan, South Korea and Japan.
Early in 2017, the Sellers expanded operations to start a full-service merchandise division with its own branding and website. Now, the Company streamlines, modernizes and monetizes other brands' merchandise operations from design to distribution. In its first year, this newly offered service surpassed $950,000 in revenue and is primed for immense growth. With already over 40 existing clients representing top musicians, music festivals, and apparel and gaming brands, the Company's reputation for being a premier merch provider has picked up serious traction. As the word gets out and this part of the business continues to grow, Sellers believe the potential for scaling this to a multi-million dollar revenue stream is very attainable.
With its well-established apparel and accessories brand and an emerging merchandise division, this Company has just begun to tap its potential. The right buyer can reduce costs and increase profit margins with strategic vertical or horizontal integration. Use the Company's scalable facilities and infrastructure or integrate its brand and services into your own operations.
SOME COMPANY HIGHLIGHTS: 1)Multiple and diverse streams of revenue; 2) Monthly consumer subscription service generates apprx $15,000 p/mo in revenue; 3) Incredible social media presence with 370,000 Facebook followers; 4) Instagram has 162,000 followers with 4000-6000 views per post; 5) Reliable local and international supply chain; 6) In-house print-on-demand machine; 7) Amazon FBA Seller with 4.5 product rating; 8) Approximately $350,000 of revenue donated to global charities; 9) In 2018, secured large, merch PO for one of the biggest music festivals in the World; 10) Unique partnerships with internationally known musicians; 11) 30% of online sales are repeat consumers; 12) Over 3.2 million page views and less than 34% bounce rate on Company E-Commerce site
Required Licenses: Seller's Permit
|Growth Potential:||The Company believes that the Buyer(s) could improve this business by implementing the following: 1) Create quality video content to use in advertisements on YouTube, which is not currently being done; 2) Spread Companyâ€™s message on select Podcasts; 3) Hire social media influencers to promote brand; 4) Increase product lines to include additional apparel and/or accessories; 5) Grow merchandising division with focused advertising and manpower; 6) Increase Facebook advertising considering its one of the best revenue generators; 7) Expand existing international distribution agreements for China, Hong Kong, Japan, South Korea, Taiwan; 8) Expand into new countries for distribution agreements (e.g. European countries, Canada, South America).|
|Training/Support:||Sellers will provide reasonable training to ensure a smooth transition. They are also open to discussing a consulting agreement for 6mo-1yr.|
|Sale Reason:||Approximately five years ago, a group of friends had a dream about creating a Company that really|
Seller Reference #LOSWHIT001-N2
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