Luxury Men’s Watch E-Retailer Up for Sale

An efficient and well-known eCommerce company in the luxury men’s watch space, featuring an inclusive lineup of watches that have been hand-picked from suppliers. The company requires minimal overhead and time investment for success, allowing for a profitable operation that can be scaled in the near term. The company has healthy margins in a space known for its high barriers to entry.

OPERATIONS

The company has an updated Shopify storefront in operation, an organically ranked domain, and highly effective, targeted marketing measures already in place. It is ready to immediately scale into Amazon.com and other platforms. The business has no head count or office/warehouse to manage and is well-suited to move some sales mix into an Amazon FBA model.

The company has established relationships with suppliers allowing for a seamless supply chain that requires minimal investment of time or money. The company can expand its SKU offerings by leveraging existing supplier relationships.

MARKETING AND KEY METRICS

The targeted marketing measures already in place have been highly effective, ranking the company organically. Expanding onto platforms like Amazon.com and utilizing Amazon FBA will increase brand awareness and the customer base.

Expanding into Amazon.com and utilizing Amazon FBA will increase brand awareness, the customer base, and revenue streams.

The key metrics for this business include profit margins, aging domain, and the potential for brand play. The aged domain has already established the business’s online presence, serving as the foundation for growth and expansion. Profit margins have been healthy, and a brand play could increase margins further, boosting the bottom line.

The business serves a customer base that values luxury, style, and affordability in men’s watches. The customer base ranges from high-end fashion enthusiasts to casual watch collectors.

BUSINESS MODEL & RESOURCES NEEDED

The business has no head count or office/warehouse to manage, so there is no need for any HR investment.

THE INDUSTRY

As consumers shift their focus to online shopping and luxury watches remain a highly sought-after item, the luxury men’s watch sector continues to grow. Large players like Rolex and Omega have always dominated the market, but smaller businesses have recently made a name for themselves through niche offerings like the one offered by this eCommerce company.

OPPORTUNITIES TO SCALE

Opportunities for scaling this business include increasing SKU offerings, moving sales mix onto Amazon FBA, expanding onto international markets, and forming partnerships with other retailers or wholesalers.

Asking Price: $525,000
Gross Income: $706,000
Cash Flow: $176,000
Year Established: 2016
Employees: 1

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Amanda Stanley

Amanda has been a professional writer since 2010. She writes during the day and reads by night. She has accumulated knowledge by scouring the internet and reading informative books. Concurrently, she developed a passion for educating people through her blogs and web tutorials. She is an earnest believer that knowledge is power.

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