SBA Pre-Qualified ECom Brand | Smart Watch Bands

Business Overview:

WebsiteClosers® presents an SBA Pre-Qualified eCommerce Brand that customers are watching closely. They are a thriving name in the Watchstrap Vertical, and by increasing their product availability, they have seen notable 420% Year-Over-Year Revenue and 318% EBITDA growth rates.

Our lending partners have pre-qualified this deal for an SBA loan, allowing qualified buyers to purchase the business with as little as 10% down. The loan offers a 10-year amortization period and highly competitive interest rates, which will help the new owner achieve a quicker ROI while benefiting from extended terms to manage their debt. As this advantage isn’t commonly available with standard commercial acquisition loans, this provides a great bonus for the right buyer.

As new watch models are released every year, there is a consistent demand for stylish straps that fit the latest tech. The company utilizes this by regularly releasing new straps in different colors and styles, which has led to strong growth and Repeat Customer Rate, as their customers regularly turn to the brand for bands for their new watches.

These customers also like to have multiple bands for the same watch to match their wardrobe, strengthening their sense of brand loyalty. The company boasts a reputation for high-quality products that appeal to upper-income middle-aged women and have over 500,000 subscribers in their email database.

Here are some of the brand’s core KPIs:
• SBA Pre-Qualification
• 420% YoY Revenue Growth
• 318% YoY EBITDA Growth
• 10 Staff Members, including 2 in Leadership
• Supplier Diversification
• Growing Revenue Diversification
• 3PLs in China and US
• 500K Email Subscribers
• $52.78 Average Order Value
• 74 Current, Active SKUs

Another perk of this purchase is their strong marketing campaign. They take advantage of their high subscriber count through an email marketing campaign and use social media to showcase their watch straps through professional photos and videos. The company also uses an Ambassador's Program that offers a commission to those who sell their products, encouraging ambassadors to boost the brand's sales.

The brand is operated by a skilled 10-person team, with 2 of these employees filling leadership roles. Current ownership handles marketing, logistics, product sourcing, and order management. This company offers an excellent foundation for a buyer to build upon, as they could quickly scale by continuing to release new, innovative products and by recruiting new content creators.

If you're interested in learning more, then it may be time to contact WebsiteClosers® for more details from our brokers.

WC 3509

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Additional Details:

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