E-Commerce - Custom Leather Accessories - $2.4M Gross/Yr
Details
For sale is a growing and innovative private label e-commerce business in the custom leather accessories niche.
Launched in 2012, the business has quickly scaled by providing artisanal leather goods from re-purposed baseball gloves. With a wide selection of hand-made and high-quality products including leather wallets, money clips, card cases, and various other accessories, the business delivers a unique set of products that competitors have been unable to match.
Boasting six years of operational history, the business has carved out a market-leading position in the leather goods and baseball niches. With hundreds of millions of baseball fans in the USA, coupled with the rapid growth in demand for leather goods, the business operates within a large and profitable target market.
The high-quality products and well-defined processes have helped differentiate the business, allowing it to command a high AOV of c.$145 in the LTM. With revenues rising at a CQGR of c.24.6% from Q4 2018 to Q4 2019, the business now generates over $2.1M in gross annual sales offering plenty of resources to help invest in growth.
This acquisition presents a great opportunity for a new owner looking to take over a reputable e-commerce business with a market-leading private label brand. With glowing product reviews, robust process, and a strong track record of growth, the business is primed to be taken to the next level under a new owner.