Shopify Store with High Barrier to Entry - Succulents Plants

Florida

Asking Price:	$4,000,000
Inventory:	$1,322,527

Gross Revenue:	$2,713,431
Established Year:	2019

Listing ID: 1853158Listing provided by BizBuySell

BUSINESS DESCRIPTION

JARBLY LLC presents a super thriving ecommerce plants store that has a huge Shopify and Amazon presence. Very rare Shopify store with these revenues and profits and number of customers.

For sale is a one-of-a-kind E-commerce business with virtually no relevant competitors in the house plant niche. The business has been featured in FORBES, USA Today and Better Homes & Gardens in addition to many other large publications.

Revenue grew 200% from 2019 to 2020 and is on track for explosive growth once again in 2021.

The business is perfectly positioned with a strong moat and is consistently gaining market share across a variety of markets/industries with a combined $172 Billion spent annually.

The site drives revenue through the production and sale of Succulents (house plants) and features 200+ Succulent varieties, monthly subscription boxes, gift boxes & corporate gifts, house plant accessories and detailed care instructions.

DETAILED INFORMATION

Location

Florida

Inventory

Not Included in asking price

Employees

Facilities

Website Social Media SEO Inventory Systems Employees

Competition

The succulent plants industry is very hard to manufacture. It is very difficult to find and establish a vendor and supplier. Once you establish the relationship and systems in place, it creates a moat from others entering to try to duplicate and replicate the model since they are typically costly endeavors. The current owner has a very special relationship with the supplier that will transition to the new owner. The website is ranked number 1 for the term “Succulent” and the SEO marketing strategy drove 5 Million visitors to the site in 2020. The SEO t

Growth & Expansion

Lower expenses you’re paying out (payment processing fees, ads, workers, product - Owner will show you how to reduce expenses) Add more products Duplicate the process he did to generate 5 star reviews Hedge your risk by adding new subscription offerings Position for acquisition to major home decor big box brands for 100s of millions once growth is there for 10+ years…This is a company’s dream to get something automated in a niche space with dominance in SEO and a large customer base that the company currently serves The current owner only recently began

Support & Training

The owner is very easy to get along with. He built this company from the ground up and wants to see this succeed. For a full sale, he is willing to stay on for several months to help the new owner with all the processes, to continue the upward climb, and to take advantage of future growth.

Reason for Selling

Move on to other opportunities.

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