Seller Force presents an eCommerce Sports company that has provided quality products for more than 10 years. Sports equipment has recently reached new heights in sales and this company has been the one-stop-shop for much of the market these days. Selling at a low price, this company is a steal for any ambitious buyer who wants incredible success in the sports industry.
The success of this company is not unfounded. This company has enjoyed a Year-over-Year growth rate of 87.9% and shows no sign of lowering it anytime soon. With the Sporting Goods industry currently rising its CAGR rate, this company is primed to boost already healthy sales volume and reach 7-figure sales revenues soon. In 2021, the company earned a strong $399,000 in revenue, while maintaining extremely low overhead. The current owner is expecting the company to grow on average between 50% to 75% in sales for the next 5 years, based on the strategies the company currently has in place. That is a huge upside for the new owner!
Customers are loving their products. They are spending an average of $851 per order, and with more than 1,122 active SKUs available, this company has plenty to offer its buyers. That diverse SKUs makes their site a go-to location for basketball, football, soccer, and hockey products. Also, the company has access to 1,000 SKUs that are not currently active. This certainly is an advantage for the company as more SKUs mean more potential to attract fresh consumers with different needs in the Sports market.
This company’s 10-year history exemplifies integrity and a desirable track record for the new buyer. Amazon regularly updates its policies and successful companies tend to adhere to them. New competition often gets dropped because of these updates; those events favor this company.
The company’s operation is solid and effective, which bodes well with Amazon. Plus, the suppliers have been extremely happy with this company. As the company has let the suppliers ship the products to the customer directly, the suppliers have made more than 2 million because of the company. As a result, the relationships are strong and happy.
There is no shortage of growth opportunities for this already successful company. An immediate strategy to grow the business is to expand to other marketplaces for brand awareness and sales. The company can set up shop on their Shopify website and on eBay and Etsy. There are additional opportunities selling products on secondary eCommerce platforms such as Walmart and Target. Target will be a fantastic avenue to connect with moms of active children. Creating a DTC website will be a viable option if the new owner desires another sales funnel with more operational freedom.
An international expansion is a major option for growth as well. The company is ready to sell in Brazil and potentially to Europe right now. Both markets are red hot for soccer equipment. The new owner should periodically keep an eye out for additional international markets that look promising.
With 2,000+ SKUs already at the company’s disposal, it’s important to note there are more SKUs readily available.
The company can be open to relatable markets, such as the fitness industry if desired. Signing non-exclusive deals with other manufacturers around the world could usher in new SKUs and expand their global outreach.
Simply put, this company has the bells and whistles for a wise business opportunity that pays off handsomely in the future. This small operation takes 4-6 hours a week to manage, maintains low overhead, has terrific relations with the right suppliers, and brings to the table so much growth potential.
This business is a great acquisition for new or seasoned entrepreneurs.
Listing ID: SF 48