Unlock the Potential of a Global Fashion Retailer Specializing in Hard-to-Find Designer Labels
The business is an International eCommerce Fashion Retailer specializing in hard to find designer labels & fashionista must haves. These premium items (mainly purses) are limited supply SKUs and rare makes, with an average ticket price of $400, and the business seeing excellent 47% margins across the board. Current ownership maintains a small warehouse where items are checked, packaged, and shipped, keeping an inventory of around 1,000 units on the shelf at any given time.
OPERATIONS
Quality over quantity results in minimal effort and time (mainly sourcing product with some time dedicated to inspecting items for quality and shipping) spent by ownership. Current owner hours are divided part time (20 and 30 hours per week) between one fully trained virtual assistant who helps manage the day to day activities, with 75% of sales currently driven by the USDM and a mix of assorted international sales channels supplementing.
The bulk of the product lineup is imported by the business directly from Italy, warehoused, and shipped locally. Current ownership maintains a small warehouse where items are checked, packaged, and shipped to keep an inventory of around 1,000 units on the shelf at any given time.
MARKETING AND KEY METRICS
The business currently generates sales from Tradesy, Poshmark, and eBay, with no formal DTC storefront or Amazon presence. There is a tremendous opportunity here to move into Amazon and diversify its offerings in the broader marketplace. With little to no social media presence, this is another avenue for scale among so many others, not the least of which is comprehensive marketing online with the addition of a DTC storefront.
Current sales come from Tradesy, Poshmark, and eBay, with no formal DTC storefront or Amazon presence. There is a tremendous opportunity here to move into Amazon and diversify its offerings in the broader marketplace. A savvy owner can also utilize the existing IG page, create an active email and newsletter list for successful email marketing campaigns, and expand to paid advertising, marketing, and social media platforms and campaigns such as Google and Facebook ads.
The business is seeing a 47% margin across the board on an average ticket price of $400. The inventory consists of around 1,000 units on the shelf at any given time.
The fashion retailer offers an in-demand product line at a palatable price range to trend-driven and high LTV buyer demographics in any market. The current customer base includes people who are willing to invest in designer labels and fashionista must-haves.
BUSINESS MODEL & RESOURCES NEEDED
Current owner hours are divided part time (20 and 30 hours per week) between one fully trained virtual assistant who helps manage the day to day activities.
THE INDUSTRY
The business operates in the apparel space, catering to the exclusive fashion niche. This industry is highly competitive, with multiple established players like Ralph Lauren, Gucci, and Chanel. However, the fashion industry is also constantly evolving, meaning that new players can leverage their innovative tactics to succeed.
OPPORTUNITIES TO SCALE
The fashion retailer has maintained and profited solely on organic growth, so scalability possibilities are endless with implementation of paid marketing. It is best suited to new ownership with experience in the fashion industry. With little to no social media presence, this is another avenue for scale among so many others, not the least of which is comprehensive marketing online with the addition of a DTC storefront.
Asking Price: $468,000
Gross Income: $273,000
Cash Flow: $133,000
Year Established: 2015
Employees: 1
- Two Highly Profitable Sports & Fitness Ecommerce Brands For Sale - July 8, 2023
- Branded Ecommerce Company for Baking Goods - July 8, 2023
- Trendy Baby Fashion Retailer Ready to Launch - July 8, 2023
