LISTING ID # 35720
Take a look at this very niche and unique business which is relocatable. The owner runs two separate businesses out of one location. The other Business is a Corrugated Box Retailer (see listing #36356). These businesses can be sold together or separately. This business specializes in theatrical supplies (costumes, fabrics, makeup, wigs and accessories) nationally--selling on their website and the highly desired online e-commerce space. They are a full e-commerce operation with approximately 5,000 items in inventory, approximately 140K in inventory representing approximately 1M in retail sales. The current owner has owned the business since 2017 and has helped become a registered vendor in over 70K schools across the US, which they consider their B2B sector. To help grow the B2C business, they've developed relationships with major online e-commerce sites and other third party marketplaces. This means that B2C growth is in the highly desirable FBM (major e-commerce retailer) model, while the core business of high barrier school systems represents a core recurring business year-after-year. This also means this is a year round business. It is NOT seasonal. This business is built on a modern day e-commerce stack that features inventory management, email management, amongst other features. They have automated our product syndication to major online marketplaces. With a world-class e-commerce stack, they are ready to grow whether you are in retail, your own website, e-commerce or third party marketplaces. Closing fiscal 2023, the business had over 12X growth and is on pace to grow 200% in 2024. The systems are in place and ready to scale to the size that you desire. With recurring revenue, you get to learn and focus on adapting the business, without worrying about filling the funnel all over again. The business has been operational for 69 years (since 1955). The current owners have owned it for 6 years. The owner is willing to consider financing to the right buyer. The current owner seeks to sell in order to move on to other opportunities. This business can be moved and run from anywhere, making it an exceptional business to acquire. Do not delay! Call the broker Gary Meyn for more information.
