Sleek Products Ecommerce Business

Business Description

A 3-year-old innovative e-commerce brand is for sale. The brand specializes in manufacturing high-quality consumer goods with excellent functionality, all offered at an affordable price within the mass market’s range. Additionally, the company has several potential product ideas in the works.

The products are currently available in over 40 countries. They are sold directly to consumers through the company website, Amazon, and various retailers. The average order value is approximately $100, and the products come with a warranty, with an overall return rate of less than 2%.

The business is efficiently operated by a small team of 8 local and international contractors, who are expected to remain with the new owner.

The ideal buyer, with general business skills and preferably some experience in technology, could leverage the brand’s potential for growth. While the seller would prefer a complete exit, they are open to considering a proposal that involves maintaining partial ownership through equity.

2022 2023 TTM thru August 2024
Revenue $4,126,886 $6,828,563 $8,864,286
Earnings $537,616 $1,462,062 $1,973,918

 

Financial Overview

Asking Price: $7,000,000

Revenue: $8,864,286 TTM

Income: $1,973,918 TTM

Multiple: 3.5x

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