MergerPlace

Profitable E-Commerce Watch Business

Australia


  • Asking Price: $350,000
  • Gross Income: $1,901,524
  • Cash Flow: $353,756
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #218098
  • Established: 2019
  • Employees: 4

Business Description

Great opportunity to purchase a profitable e-commerce business specializing in the sale of unique watches that are very popular. The business was founded in 2019 and has experienced remarkable growth in a limited time frame. The core watch collection is centered on a unique wrist watch with a number of different bevel and face design iterations. The watches are competitively priced and have quickly become an online sensation due to their one of a kind look!

The business has developed a reputation in the marketplace for offering one of a kind timepieces at prices that can’t be beat! The company leverages a robust social media presence and online advertising campaign to reach potential customers. The owner has invested a significant amount in marketing and advertising the business to create awareness and drive growth.

The costs to start a new business like this from scratch would be very high and time consuming. This allows for limited direct competition which has enabled the business to quickly expand. This business is ideally set up for a new owner to take over and continue to grow the operation. A new owner could potentially add new product lines or merchandise to build on a promising and already successful model. Don’t miss this opportunity to own a unique business that can be run from home and on a semi-absentee basis.


Business Details

Primary Business Category: Internet Related - Consumer Services B2C
Location: Australia

Company Information

Year Established: 2019
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 4

Financial Information

Asking Price: $350,000
Gross Revenue: $1,901,524
Cash Flow: $353,756
Seller Financing Available: No

Property Information

Facilities:

Home based business.

Growth & expansion opportunities:

There is plenty of room to grow the business. A new owner might consider investing in translated versions of the website to reach new audiences in different countries. There is potential to add new watch lines and designs at varying price points. The current owner actually has a higher-end watch design in the works and this could be put into production in the future. There is room to create awareness through pop-up shops or through brick and mortar retail shops as well.

Competition:

There is standard competition for the industry and market, but this business has set itself apart in a relatively short period of time by offering unique timepieces at a very compelling value.

Reason for selling:

Owner wishes to pursue other business interests.

Support & Training:

Owner will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Ryan Garrido

Horizon Business Brokers, LLC