High Growth Online Retailer
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Stock Value: —
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* Exceptional proven year on year growth in high growth category
* Sales in excess of $4,500,000 last Financial Year.
* Proven Strong Profit growth over 3+ years
* Trading online only- No Retail outlets
* Selling their own brand of products direct to consumer
* Huge online following and Social media presence
* Owner works in a general management capacity- No specialised skills required.
We all know that being in business online is the place to be and this high quality business highlights why. What started as a small home based business has grown into a booming online retailer selling a product that is loved by their female target market. Turnover has grown by over 50% in the last 2 years and now exceeds $4,500,000 per year and there is still huge opportunity for more growth. They sell everything under their own brand so they have full control on their direction and have built up a huge social media following and mailing list which continues to increase. This long term growth has come from continually investing into their marketing, branding, product range and by making sure their product quality is first class.
Being online only means the business could be located anywhere in Australia and with a social media and mailing list following exceeding 250,000 there is massive future potential in the current category, new distribution channels and new categories.
There is a small and loyal team of staff in place with many of them being involved in the business for a long period of time. This allows the current owner to spend minimal time in the business day to day and work in a general management capacity only.
Even though they have had strong growth, there is still huge opportunities to build on the strong foundations in place as the business has several avenues for expansion. High quality online business are always in strong demand but so rarely are available to purchase. This one is worthy of closer inspection.
Expressions of Interest
O431 172 889