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With its impressive growth trajectory and steadily increasing cash flow, this opportunity is a niche e-commerce company specializing in high-quality brand name socks, shoes, and apparel, offering both brand name third-party and exclusive brand name items. In addition to its main offerings, the company operates a separate store selling candy under its own brand as well as utilizing proprietary warehouse management software to streamline operations and provide fulfillment services to other sellers.While the majority of sales come from Amazon FBA, this business also generates revenue through its Shopify store, as well as other e-commerce channels such as eBay and Walmart. With years of successful operations and consistent year-over-year growth, it has built a strong foundation, including strategic vendor relationships, high Amazon rankings, custom Amazon listings, and scalable operations.The company has experienced impressive growth, with 2024 revenues up approximately 100% over 2023. This continued success has created a robust business model that presents an attractive opportunity for a strategic buyer or firm looking to enter the sock and footwear industry without the typical barriers to entry.Key BenefitsHigh Growth with Steadily Increasing Cash FlowExcellent Vendor Agreements with its vendors, all of which no longer sell to new sellersSignificant Presence on Amazon - 2024 Total Amazon sales: $8.6M (up from $5M in 2023)Continued Growth Without any Additional Investment – 2025 Total Amazon sales projected to be around 12M (compared to $8.6M in 2024) without opening any additional channels or productsUndeveloped Channels – TikTok Shop, Walmart, eBay, WebsitesGreat Relationships - with 16 additional sock/apparel vendorsMargins – vendors have approved margin increases for 2025 for even greater revenues2025 Pre-Season Inventory Orders - currently placed to increase 2024 salesOrder Fulfillment - sufficient inventory on hand to continue 2024 growthUpside for New Owner - warehouse space and fulfillment services could be available after saleHigh Level Oversight - upper management could help maintain vendor relationships post saleProprietary Software - proprietary warehouse management platform softwareRich Experience - maintained mall stores in 2 large local malls
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus is here to help. Learn more about the costs, benefits, and available locations today!
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