Sell your business

Lifestyle Office Brand w/Inventory on Consignment

5 December 2018 16 January 2019

    Annual revenues

    $445,406

    Annual profit

    $98,333

    Multiplier

    x 2.43

    Asking price

    $239,000

    Business description

    Launched in July of 2015, this eCommerce business was built specifically for work from home professionals and people interested in health and fitness. The sellers discovered the need for their product after several years of working countless hours and an enormous amount of time sitting at desks. The effects started manifesting themselves through back spasms, diminishing eyesight, and decreased athletic performance.
    Being avid sportsmen and realizing the need of taking care of their bodies they developed an office product that encourages a healthy lifestyle in the workplace.
    This diverse business benefits from having 40% of the sales direct and 60% through Amazon. The business carries a substantial amount of inventory but qualified buyers will be given the opportunity to buy this on consignment and using the seller as a 3PL. The brand for sale is part of a much larger entity and they have expertise in managing the fulfillment side of the business. The business has great bones and extremely high star ratings in Amazon but has suffered because the owners have become distracted with other segments of the business. The workload is very low and a new owner could see a nice uptick by simply returning to launching products again or ramping up advertising efforts. The owners believe they need to reduce the number of brands in their portfolio. A new owner with some energy and time to work on the brand can easily turn this store around.

    This listing is managed by Brad Wayland.

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