- List Price: $120,000
- Sales: $58,316
- Adjusted Income: $20,770
- Down Payment: NA
- FFE Values: 2250
- Inventory: 80000
- R.E. Value: NA
- Location: Utah
- Category: Technology / Internet
This online accessory retailer was created by the seller to fill the need for a stylish and practical accessory that the owner couldn’t find anywhere else. The seller spent a year designing the products, sourcing materials, creating a relationship with the Chinese manufacturer, and developing the website and social media postings.
The company has almost 23,000 organic/authentic followers on Instagram and 2,000 on Facebook. Their products were featured on a prominent fashion/lifestyle web site as one of the top 10 accessories of its kind. They recently spent $ 3,000 to set up an account on Amazon and are starting to get orders.
This is a great home-based business for someone with E-Commerce marketing experience. The seller doesn’t have the level of marketing expertise or time to grow the business to its full potential. Asking price includes $80K in inventory as well as intellectual property valued at $25K.