8-Year Established Innovative Tech Accessory Brand – 39,000 Instagram Followers – Proprietary SKUs

Asking Price:
$159,000
Sales:
$87,299
Profit:
$44,837
Year Established:
2013
Multiplier:
3.5x

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A SellerForce offering, this is an uninhibitedly impressive tech sphere. With 8 years of experience, this business has established a loyal customer base and incredible profit margins. Cultivating a large social media presence with over 39,000 followers on Instagram alone, they’ve achieved momentous brand awareness. This recognizability has aided this company in successfully selling its products using multiple platforms such as Amazon and Shopify.

The current ownership takes preemptive action in distinguishing which products to sell based on innovation, making them one of the most cutting edge in the tech industry and provide a unique lineup of progressive products and tech accessories. From universal smartphone holders for cars to stainless-steel Apple Watch bands, as well as front USB attachments for iMacs and Thunderbolt displays, this brand offers products for every part of a customer’s life.

In order to increase sales, they also offer universal products that bridge the gap between Apple and Android users and lasts for years due to its compatibility with multiple generations of devices.

A new owner can expect to render 5 hours per week in operation, day-to-day operations including sourcing in China, marketing, sales, customer management, website, product design, and accounting. This low workload provides a new owner with ample opportunity to expand the business while maintaining a work-life balance.

With a multiplier of 3.5, there are multiple potential growth strategies including expanding their social media presence, continuing product development, and launching the new products that the current owners have already developed and tested.

They predict that one of these new products will be more sought after than their current best seller, their universal tablet stand, and in addition to the low workload, warehouse space is not necessary for this business. Orders are filled using Rocket Shippers and Fulfillment by Amazon.

The current owners recommend a basic understanding of Shopify and digital marketing experience though neither is required, and the acquiring party can expect significant support from the current owners. They are invested in this company and want it to succeed.

 

 

Listing Number: SF30

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