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- RE: Luxury Resale Consignment & Designer Handbag Store
- Contact: SellerForce
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $3,023,106 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $226,135 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | Not Disclosed | |
BBN Listing #: | 979391 | |
Broker Reference #: | SF395 |
Business Overview:
SellerForce® presents a Reseller Brand that has achieved a fantastic reputation among customers interested in pre-owned designer handbags and jewelry.
Their high-end inventory includes Burberry, Chanel, Gucci, and Louis Vuitton bags from consumers. These bags are then authenticated, refurbished, and sold at competitive prices in their “near new” conditions.
The quality of their offerings has led to a respectable 4.8-star rating on Google, a 17% Repeat Order Rate, and an Average Order Value (AOV) of $1,154. Many of their sales are organic and derived from their enthusiastic Google My Business reviews.
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Property Features and Assets:
They have also recently experienced a surge of growth on social media, turning the business into one of the highest engagement profiles in the pre-owned bag industry. These organic efforts are supplemented with marketing conducted by an email agency, which, combined, have led to an average monthly visitor rate of 80,000.
- Here are some of the brand’s notable KPIs:
- 4.8/5-Star Reviews on Google
- Track Record of Consistent Growth
- 17% Repeat Order Value
- Average Order Value of $1,154
- Thriving Social Media Presence
- Strong Organic Traffic
Market Competition and Expansion:
The brand’s operations are maintained with the help of their team, which includes manager, 2 bag buyers, a bag processor, a photographer, admin staff, and a shipment worker/cleaner.
Current ownership’s key responsibilities consist of overseeing the online aspect of the business and monitoring eCommerce revenue, bags purchased per day, and their digital advertising.
If you’re interested in learning more about this deal, please contact SellerForce today for more information from our brokers.
Listing ID: SF395
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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