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Italian Eyewear Brand selling Optical Frames and Sunglasses B2B /B2C

29 September 2018 2 October 2018

    Annual revenues

    $15,000

    Annual profit

    $12,000

    Multiplier

    x 2.0

    Asking price

    $24,000

    Property Description

    For Sale an Italian Brand selling optical frames and sunglasses all over the world (B2B / B2C) with many stores / distributors. The company has been launched 3 years ago and funded with 300,000 EUR. The brand appeal is extremely strong, many international newsletter have posted articles about this venture (Forbes, Inc, Financial Times, etc.).

    This company is all about the values of love and craftsmanship, with the goal of preserving the Italian artisan community that is unfortunately losing its relevance due to the mass production in foreign countries.
    Every pair is hand crafted using top quality materials in order to create a beautiful long-lasting product.

    Smart luxury eyewear brand delivering superior design & quality 100% handcrafted in Italy directly to its consumers.

    Overview
    Headquarter: Milano ?Launch of Activity: Jan 2015 ?Employees: 3
    Life Time Revenues: € 225,000 ?Revenues Y2015: €70,000 ?Revenues Y2016: €144,000
    Revenues: growth 2,1x, YoY
    Sales Breakdown
    35% On-line / 65% Off-line?
    ONLINE
    Over 750 unique online buyers to date Repurchase rate: 16%
    45% Prescription glasses / 55% Sunglasses Conversion rate: 0,75%?
    OFF-LINE
    Over 65 stockists to date
    Repurchase Frequency: 2 orders/year Avg. order: 20 items

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