Project Description
SBA financing for existing U.S. business entities. 4-year-old online retailer of private label sunglasses with a focus on millennial consumers. 20+ different product SKUs with 100% of orders drop shipped from the manufacturer. Owner works approximately 10 to 20 hours per week managing the business. The owner has 4 overseas employees who handle customer service and order management. Approximately 100,000+ customers in database, 10,000+ repeat, marketing database of over 525,000. High growth opportunities include adding additional product skus, add complimentary products, PPC Marketing and retargeting, expansion into marketplaces such as Amazon, Walmart, eBay. The seller will provide strong transitional support with side by side, hands on daily management with new owner(s) to ensure the new owners feel totally comfortable with operation of the business. Business can be operated anywhere in the world. Owner is selling to pursue other business interests.
Financial Overview
2021 Revenue: $485,832
2021 Profit: $62,460
2020 Revenue: $974,876
2020 Profit: $128,565
2019 Revenue: $757,754
2019 Profit: $121,728
Additional Details
Status: Currently Available
Employees: 4
Years Established: 2017