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Women's Golf Apparel & Accessories Niche | E-commerce Website

Horry County, SC
Work and Play in Women's Golf Apparel
Asking Price:$612,500
Gross Revenue:$2,200,000
Cash Flow:$175,000
Established Year:2005
Listing ID: 2262488Listing provided by BizBuySell
BUSINESS DESCRIPTION

*THIS BUSINESS WAS APPROVED FOR A PRICING ADJUSTMENT AS OF 9/20/2024!* Pricing is down from $638K to $612K, for a multiple of 3.5X SDE. Seller seeks to transition out of growing business platform with interim sales looking good in 2024.
>>Are you passionate about the game of golf and ladies golf apparel & accessories? Or, a strategic buyer seeking a prime opportunity to roll-up a profitable specialty niche into an existing platform? This business was established in 2005 and has been killing it as a leading, well-known brand in ladies apparel! As a prime candidate for a WBE entity, the enterprise is NOT an Amazon reseller and has developed it's own brand recognition, reputation, and goodwill in the marketplace over the last 20 years. The business is a Top-Ranked retailer with Google and enjoys a high percentage of repeat customers from CA, AZ, TX, & FL, with a database of over 50,000. This status was built over time after years of solid organic growth with Google. Undergoing a reset and realignment following benchmark performance during the Covid years, alike most business sectors, the business is showing good signs of stability and growth in the current year at newly streamlined operating levels. Interim performance is running solidly ahead of last year and is on pace for $2.2M in sales in 2024.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Facilities
The business operates out of a leased unit that has been recently down-sized to 900 SF. The operation is fully relocatable and has been streamlined following the build-up of supply chain inventories from 2020 and 2021. The business is operating on lean, new shipping strategies which minimize the requirements for holding inventory- and the required asset base is low.
Competition
The business has undergone an evolution in alignment with the market since setting benchmark performances in 2020 and 2021, and will continue to be a leader in the sector into the new and better economic cycles beyond the election. The high-end, high-quality product mix and history of reliable service has yielded a profitable niche among the predominately high net worth customer base. The repeat clientele is national and also includes a sizeable Canadian component. The company's proven marketing strategies are HUGE competitive advantages into the future!
Growth & Expansion
This business is fully scalable! (It has generated over $4.3M in sales across 2,800 products in past years!) The platform is showing new growth in sales and earnings and is projecting $2.2M in sales this year. When you are prepared, turn on the marketing and watch the orders build! The platform is optimally positioned for an individual or synergistic buyer ready to scale it up!
Support & Training
The Seller understands the importance of making a thorough hand-off and will provide support and training as required during the transition. The Buyer will need comprehensive training in the distinctive marketing competencies, tactics and connections that are seasonal and have been proven effective over the lifetime of the enterprise.
Reason for Selling
The Seller has sold A LOT of merchandise over 20 years and is ready to RETIRE.
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Rob
Lewis, MBA, CBI
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Rob Lewis, MBA, CBI
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