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 average order value of $17 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 30,000+ customers in database, 18,000+ Facebook fans, 17,000+ Instagram followers. 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

  • 2020 Revenue: $974,876

  • 2020 Profit: $128,565

  • 2019 Revenue: $757,754

  • 2019 Profit: $121,728

Additional Details

  • Status: Under LOI

  • Employees: 4
  • Years Established: 2017
Asking Price: $350,000

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