This business offers a leading trademarked brand of superior quality wireless audio devices with sales converted through its Shopify store. This company has innovative product lines, tremendous product branding and an excellent foundation. Since its creation, the company has accumulated 51k customers, nearly 300k engaged followers on Instagram and has surpassed $4 million in gross sales to-date. Well-known celebrities have been seen using the products.
The company stocks inventory and fulfills orders from leased warehouse space. The average inventory value over the last 12 months is around $150,000 to $200,000. It is operated by one owner who works approx. 20 hours per week handling marketing, monitoring sales and manages inventory as well as new products with manufacturers. There are several contractors who respectively handle fulfilling orders, customers service, bookkeeping and content creation which includes influencers who promote the products. The contractors are willing to continue on with a new owner.
Property Type : Electronics
Asking Price : $500,000
Revenue : $1,585,858
Net Income : $145,965