4+ Yr Old Luxury Eyewear Brand | YoY Growth | Lean Ops | Very Scalable
Asking Price: | $1,045,000 |
Gross Revenue: | $759,128 |
Cash Flow: | $329,304 |
Established Year: | 2020 |
The business is a luxury eyewear brand established in 2020, known for its commitment to design, quality, and offering unique pieces that transcend seasonal trends. Since its inception, the business has seen significant success, with limitless potential for future growth. The business model is highly scalable, and the brand has a solid reputation, evidenced by a large social media following, numerous five-star reviews, and a dedicated customer base. The business operates efficiently with outsourced order fulfillment, allowing it to be run from anywhere in the world. Key operations include customer support, order fulfillment, and monitoring advertising performance. The business leverages existing brand assets, including a robust online presence, established manufacturing relationships, and a significant inventory, making it a turnkey opportunity for a new owner.
The business primarily relies on one main supplier in China, with two additional backup suppliers available. Sunglasses are produced at a low cost, providing excellent profit margins. Marketing efforts are driven by Meta ads, with performance monitoring and content creation being essential components of the strategy. The sale includes valuable post-sale support, which will help the new owner transition smoothly into the role. Customers are acquired through a mix of advertising and organic growth, with a focus on the USA market, though there is ample opportunity to expand internationally. The sunglasses appeal to a broad demographic and are marketed as luxury fashion items, ensuring year-round sales. The business also benefits from a loyal customer base and a low return rate, bolstered by a straightforward return policy. The brand's established reputation offers significant opportunities for further growth through expanding into new markets, introducing diverse products, and optimizing innovative marketing strategies. The business can be managed by one person, particularly with most time-consuming tasks already outsourced, though the option to fully automate operations through additional outsourcing is available.
The decision to sell the business comes from the founders' desire to focus on other ventures. Although the business has achieved remarkable success, the owners believe their personal commitments may hinder its future growth potential, making this an ideal opportunity for a new owner to take over and further develop the brand.
Key Highlights
• The business is a luxury eyewear brand established in 2020, known for its unique designs and high-quality products that cater to fashion-conscious consumers.
• The business boasts a scalable model with significant potential for growth, supported by a strong online presence, including over 50K Instagram followers and numerous five-star reviews.
• Operations are streamlined with outsourced order fulfillment, allowing the business to be run from anywhere, while key processes like customer service and advertising can be easily managed or outsourced further.
• The business enjoys excellent profit margins, with low production costs and an average order value of $70, making it a highly profitable venture.
• The sale includes extensive brand assets, manufacturing relationships, marketing materials, and post-sale support, providing a comprehensive package for a new owner to continue scaling the business.