Request More Information Contact the Seller
- RE: SBA Pre-Qualified Watch Strap ECommerce Brand
- Contact: Ron Matheson
Quick Facts
Asking Price: | $6,000,000 | |
Annual Revenue: | $16,746,282 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,533,719 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 12 | |
BBN Listing #: | 953319 | |
Broker Reference #: | WC 3464 |
Business Overview:
Website Closers® presents an SBA Pre-Qualified eCommerce Brand in the Watchstrap Vertical. The company continues to grow its product availability and is delivering fantastic results, including 420% Year-Over-Year Revenue and 318% EBITDA growth rates.
This business has been pre-qualified by our lending partners for an SBA loan, allowing qualified buyers to acquire the company with as little as 10% down. The loan is structured with a 10-year amortization period at highly competitive interest rates, giving buyers the chance to see a faster return on their investment while enjoying extended terms for managing debt—an advantage not typically offered with standard commercial acquisition loans.
The company has continued its sharp growth pattern as innovative new watches continue to be introduced each year, which increases demand for stylish straps that are a match to the latest models. Not only has that enabled the company to continuously roll out new straps in different colors and styles but has also driven up their Repeat Customer Rate as their loyal buyers seek out fresh bands for the newest models. They also like to have multiple watch bands for the same watch to match their wardrobe. With a reputation for high-quality products, the company appeals to upper-income middle-aged women, and the brand now has 331,000+ subscribers in its email database.
Here are a few of this brand’s important 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
• 330K Email Subscribers
• $52.78 Average Order Value
• 74 Current, Active SKUs
Another valuable asset this company delivers to a new owner is a strong marketing campaign. Their audience has been targeted through email marketing, while social media posts have captured the public’s attention with professional photos and videos of each watch strap that showcase the premium quality of the materials used to manufacture them. This company also benefits from an Ambassador’s Program that provides a commission to those who sell their products.
The brand takes full advantage of the skills provided by an experienced 10-person team, which includes two employees in leadership roles. The current ownership handles marketing, logistics, product sourcing, and order management. A new owner will get a business that is ideally positioned to continue to scale quickly, including by continuing to expand the product line in innovative ways and by bringing on more content creators to diversify their marketing.
Contact Website Closers today to learn more about this rare investment opportunity.
WC 3464
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information