This business specializes in selling duck memorabilia at a weekend market, having transitioned from a brick-and-mortar store to a market setup during the shutdown. Operating out of a prime 450 sqft unit with significant foot traffic, the business also boasts a strong online presence with over 4,000 Facebook followers. Utilizing platforms like Etsy and Shopify, the business sees constant online sales. With low rent and overall costs, the store is fully equipped for seamless ownership transfer.
Interest in the products is driven by their cultural significance, particularly within the Jeep community where ducks adorn dashboards as part of a popular game. In 2023, the business generated $80,000 in revenue with a Seller's Discretionary Earnings (SDE) of $48,000, and includes $85,000 worth of inventory in the sale.
The current owner, relocating for family reasons, seeks a buyer familiar with and enthusiastic about Jeep culture. With potential to further leverage online sales and social media, the business can become absentee-operated with strategic hiring. While the current owner has established a strong online presence, there remains untapped potential for revenue growth through social media utilization.
Priced at $125,000, the business presents an opportunity for a motivated buyer to potentially match or exceed the SDE within the first year of ownership. Customer satisfaction is evident from the upbeat atmosphere in the store, promising a rewarding ownership experience for the right buyer.
- Asking Price:
- $125,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $69,250
- Cash Flow:
- $29,110
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $550.00
Business Operation
- Expansion Potential:
-
The potential for expanding sales channels to include platforms like Amazon represents a significant opportunity for the business to broaden its reach and tap into new customer segments. Despite the prevalence of online marketplaces, the business has yet to explore this avenue, leaving a substantial opportunity untapped. By leveraging its established connections with suppliers, the business can introduce exclusive products that cater to niche markets or address specific consumer needs, setting itself apart from competitors even within the vast landscape of e-commerce.
The business has a unique product lineup that is predominantly available through its online stores. This exclusivity not only enhances the brand's appeal but also provides flexibility in pricing strategies. With the potential to evaluate and adjust price points, the business can explore different pricing models to maximize profitability and capture market share.
In addition to expanding sales channels, there is considerable potential for growth through social media marketing. A savvy buyer with expertise in digital marketing can leverage platforms like Instagram, Facebook, and TikTok to create engaging content featuring the store's products. By showcasing the charm and versatility of the duck-themed merchandise, the business can attract a broader audience and drive increased traffic to its online stores. This strategic use of social media can not only increase brand visibility but also generate interest and excitement around the products, ultimately translating into higher sales and revenue.
Taken together, the combination of expanding sales channels to include larger platforms like Amazon, optimizing pricing strategies, and implementing effective social media marketing tactics presents a compelling opportunity for the business to unlock its full potential and achieve significant growth in the online marketplace.
- Competition / Market:
-
In the online marketplace, competition is fierce. While many sellers offer standard rubber ducks, this business distinguishes itself by offering unique products, including random bags of 2-inch Jeeper ducks or entire sets of specific types. In the realm of collectibles, competition becomes more selective, as not every business has access to the exclusive memorabilia this store offers.
In the realm of local and physical stores, this establishment stands out as a singular destination. Customers from across the state, and even beyond state lines, are drawn to its unparalleled selection. No other store can match the breadth and diversity of products available here.
- Reasons for selling:
-
Relocation
- Trading hours:
-
Sat & Sunday 10-6
Other Information
- Support & training:
-
# of Weeks Seller Will Offer Training: 6
- Furniture / Fixtures value:
- $2,000 - included in the asking price
- Inventory / Stock value:
- $85,000 - included in the asking price
- Relocatable:
- This business can be relocated.
