Remote Opportunity - Children's Footwear Offering
Asking Price: | $145,000 |
Inventory: | $50,000 |
Established Year: | 2019 |
Gross Revenue: | $502,000 |
EBITDA: | $86,000 |
Amazing opportunity to grow an established business
Relay Partners presents a children’s footwear brand representing an amazing opportunity for an operator interested in growing a business, or a brand in the market looking to fast-track their expansion into footwear.
The brand has grown over the last 5 years, peaking in 2022 year with ~$700,000 in sales. At the beginning of 2024 the brand was acquired by an adult footwear brand. Unfortunately, the new owner of the business had significant financial strains unrelated to the Children’s Footwear brand, and was not able to invest as originally contemplated with the acquisition. They are now looking to sell the brand, with the option to include the original founders in the deal.
The customer list, inventory on hand, and clean books represent a strong buying opportunity for quick value add.