Online retailer that specializes in men's clothing and accessories

Name: Online retailer that specializes in men's clothing and accessories
Brand: Acquire.com
Price: 7000 USD
Availability: InStock

If you are trying to get into e-commerce but don’t want to start from scratch, then this listing is for you. We focus on offering Men's Fashion products to consumers, leveraging popular social media platforms such as Instagram, Facebook, and TikTok for promotion. We have just gone through initial testing which has shown that our MagSafe Wallet has performed better than any product on our site. Our MagSafe wallet sells for $38.99 , it costs us $8 and our typical ad spend to get a sale is $10 which leaves us with a net profit of $20.99 per sale. All the revenue down below is solely this one product. We have positioned it to be scalable. So that the next owner can come in and start scaling right away. Last 12 Months - $7,038.53 - 163 total orders - Product cost is $8 - $1,000 was spent on ads = $6,038.53 in profit

Asking Price

$7k

Multiples

Asking Price Reasoning

Based on industry-standard multiples of 1x revenue for businesses in our sector and comparable sales on Acquire.com, our valuation is in line with current market trends.

$6.7k last 12 months gross revenue

$5.5k last 12 months net profit

$2.4k last month gross revenue

$2k last month net profit

-

+509% Annual Growth Rate

101-250 Customers

- SKUs

- Total Value of Inventory

Date Founded

May 2021

Team Size

Just me (1)

Business Model

Ecommerce
Dropshipping
Direct-to-consumers (DTC)
Business-to-consumer (B2C)

This business offers men's clothing and accessories. Our average order value is $61.04 and our returning customer rate is 11.76 %

Tech Stack

Shopify
Stripe
OpenAI

Shopify

Growth Opportunities

Increase digital marketing
Increase content marketing
Expand to new markets
Social media marketing
Increase pricing
New product features
Improve conversion rates
Focus on SEO
Hire a sales team

The business is in search of a new owner, one who possesses the motivation and time to nurture its growth. My current commitments leave me with insufficient time to develop the brand to its full potential. This brand needs someone who is good at marketing, someone who has capital to come in with heavy marketing skills to can get this brand in front of people. I’m also offering my services to help the new owner get everything transitioned smoothly.

Competitors

Other online stores

Key Assets

Brand
Marketing materials
Customers
Social media accounts
Domain
Mobile application
Website
Copyright
Trade names
Trademarks
Codebase
Other
Codebase and IP

Selling Reasoning

Lack of time
Starting a new venture
Financial gain
Lifestyle change
Business challenges
Partner or family needs

Due to time constraints from a full-time job and family commitments, I am unable to dedicate the necessary attention to manage and grow this enterprise. I am keen to find a driven individual who can take on this brand and scale the company to its full potential. I’m also offering my services to help the new owner get everything transitioned smoothly.

Financing

Bootstrapped

The business does not have any debt or investor funding.

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Online retailer that specializes in men's clothing and accessories

Seller details

Startup details

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