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- RE: Irish ECommerce Brand | Home & Garden, Electronics
- Contact: Ron Matheson
Quick Facts
Asking Price: | $675,000 | |
Annual Revenue: | $2,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $180,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 10 | |
BBN Listing #: | 947906 | |
Broker Reference #: | WC 3399 |
Business Overview:
Website Closers® presents a largely absentee-owned and growing eCommerce Brand specializing in a diverse range of consumer products in popular niches such as home essentials, garden tools, electronics, and outdoor gear. As market trends shift, the company can quickly adjust and expand into multiple additional categories given its fluid working capital model. This business operates in Ireland and enjoys some special tax benefits.
The company has amassed a large number of email subs (over 140,000) that helps with product launches. It has also helped them increase their recurring revenue, which is still on the increase. The company has built a loyal customer base by meeting specific market needs in Ireland and positioning the business as a dedicated Irish store. This has generated high levels of trust among consumers, and they have a diversified digital marketing campaign to enhance brand recognition even further. That includes boosting organic traffic through social media and email marketing and running PPC ads on Facebook, Google, and TikTok. They now generate a massive 171,400+ unique monthly visitors to their website.
This business would be a perfect add-on to a US-based eCommerce Brand that is looking to expand into Ireland. This expansion can be seamless since both populations speak English. A value proposition here includes the fact that they are not liable to pay the 23% VAT on Sales in Ireland.
The company has become very adept at finding high-demand products that its customers are looking for, and benefits from excellent relationships with its vendors, including their shipping agents. Their products appeal to customers ages 18 to 65+ and with an Average Order Value of $38. Sales remain vibrant throughout the year while peaking over the holidays, and sales have exceeded $6 million in 3 years.
The following are important KPIs for this business:
● Year-over-year Growth in Sales and Customer base.
● Strong Recurring Revenue
● Subscription Model Ready to Launch
● 141,000+Engaged Email Subscribers
● Exclusive Supplier Relationships with Top-tier Vendors
● Proprietary Systems that Optimize Efficiency and Profitability
● Positive 4.3 "Excellent" Rating from Buyers
● Strong Digital Marketing Presence
● Adaptable and Scalable Business Model
● Not liable to pay 23% VAT on Sales in Ireland
This is an automated business, and the current owner works no more than 10 hours per week, while 10 fully trained, remote freelance workers handle daily tasks and are available to remain on post-acquisition. For a new owner, this is a golden opportunity to scale the business through an inventory expansion in Ireland and across Europe.
Contact Website Closers today to learn more about this rare investment opportunity.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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