SBA Pre-Qualified | 14 Year-Old Eyewear Brands | Exclusive Vendors
| Asking Price: | $1,400,000 |
| Gross Revenue: | $2,727,794 |
| Established Year: | 2010 |
| Cash Flow: | $549,962 |
| EBITDA: | $549,962 |
Exclusive Vendors | B2B Growth Opportunities
Established in 2010, these two ecommerce companies have become online leaders in certified prescription safety glasses, eyewear, and personal safety equipment.
These businesses stand out due to their strategic partnerships and efficient supply chain management. They have secured elusive vendor agreements with Luxottica, a privilege unavailable to new online retailers. These agreements allow them to offer top brands like Oakley, Nike, Ray-Ban, and many others. Additionally, the companies maintain an exclusive partnership with a government lab, enabling them to obtain the industry’s lowest lens costs.
This competitive advantage, combined with their drop-ship model that minimizes inventory holding costs, has enabled the businesses to maintain strong profit margins and generate healthy cash flows.
The owners have built a strong and capable team to handle day-to-day operations, ensuring a smooth transition for the new owner. This will allow the buyer to capitalize on the numerous growth opportunities, such as growing the lucrative corporate accounts segment, expanding into untapped marketing channels like affiliate and influencer marketing, and strategically increasing inventory to reduce turnaround times.
After successfully growing the businesses, the owners are now looking to sell as they shift their focus to larger ventures and spend more time with their young children. They believe a new owner with fresh energy and a growth mindset will be ideal to take the companies to new heights.
Since 2010, this pair of ecommerce businesses has built a strong reputation in the Online Prescription Safety Glasses and Eyewear market. With 14 years of proven success, these businesses consistently meet the high demand for eyewear, generating recurring revenue and high profit margins.
Following a strategic pivot toward profitability in late 2023, the businesses have maintained healthy quarterly revenues between $890K and $960K. Their competitive advantage stems from exclusive partnerships with Luxottica and a government lab, which provide industry-leading lens pricing. Combined with an efficient hybrid drop-ship model, these partnerships enable a 53% gross profit margin, consistently outperforming competitors.
A recent website redesign and brand refresh have significantly improved customer experience and conversion rates, with overwhelmingly positive feedback on the shopping experience. Currently, the corporate program represents 12% of revenue and has a three-year average customer retention rate, indicating strong growth potential. Additional growth opportunities include affiliate marketing, influencer collaborations, and inventory optimization to decrease turnaround times.
With minimal owner involvement (20 hours weekly) and a skilled team managing daily operations, the business is well-positioned in a market projected to grow 8.5% annually through 2030. This stable foundation and multiple growth avenues present an excellent opportunity for a buyer to expand upon an established and profitable business.
Key Benefits:
Proven Longevity: The companies have over 14 years of success in the $8.5B Prescription Eyewear market and a strong brand reputation, demonstrating the evergreen demand for their products.
Profitable and Scalable Business Model: The businesses operate on a hybrid drop-ship model with exclusive vendor partnerships, maintaining 53% gross margins and healthy cash flows. The minimal inventory model also keeps operational costs low.
