Hair Removal Device Brand
VALUATION
$9,750,000 USD
Enquire About This Opportunity
- Years and Months Operating: 3 years 6 months
- Reason for Sale: We are focusing on another brand in our portfolio. FB used to be responsible for half of our revenue but it’s too much of a headache to continue running FB ads.
- Average Monthly Revenue: $1m/m
- Trailing 12 Months Revenue: $15m as of May 2024
- Trailing 12 Months Net Profit: $2.5m
- Last Months Revenue: $600k
- Last Months Net Profit: $100k
- Average Monthly Net Profit Margin: 16%
- Fixed Operating Costs (Monthly: $25k
- Marketing Methods: Google search, native ads, amazon, facebook
- Assets Included:
- Email List Size: Retention: 403,204, newsletter: 93,963, pop up sign ups: 215,638, IPL buyers list: 202,164
- Product SKUs: IPL 1.0 & IPL 2.0 are the main sellers
- Physical Inventory On Hand: IPL 1.0 version, IPL 2.0 version (white & Black colors), Vitamin C cream, attachment pieces for the IPL, razors, sunglasses that come along the IPL, moisturizer creams, etc.
- Future Business Opportunities: Increase LTV, retail, expand to new markets in EU regions, moving the warehouse to Texas to save on shipping labels, and focusing more on Amazon. We used to have lots of FDA issues with Amazon but we solved everything. In our other brands amazon account for around 40% of the overall revenue. It’s only 15%. Increasing the amazon ratio would allow us to spend more to acquire a customer. We also won some lawsuits and we have the option to collect $600k from a chinese based company
- Supplier Operations and Relationship Description: We have a credit line with the supplier of about $200,000 currently. At scale it was stretched close to $400,000. We have a great relationship with the supplier, when he urgently needs funds to pay for supplies we decrease the line, when we need inventory, he ships, etc. We store the inventory in our warehouses.
- Owner time required to run business per week: 10 hours at the bare minimum
- Employees and people working around the business: 15 employees
- Delivery time of products: 2-3 days usually
- Supply Structure: We store the products in our warehouse in FL and ship it from there
- AOV: $180
- Chargeback Rate: 0.24% last 90 days, 0.17% last 30 days 0.86% YTD
george@ecommerce-brokers.com
TESTIMONIALS
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Benny Yule
C
The transaction and exchange of funds and assets was a very easy process. I had questions but the support that Ecommerce Brokers provided was fantastic. I would definitely recommend Ecommerce Brokers in the future.
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Sam Baldwin
D
It was a very very simple listing and sale process… I would definitely recommend Ecommerce Brokers to other buyers and sellers, and already have!
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Jaryd Krause
E
George was always reliable and transparent through the process. Even to the buyer George talked about both the good things and the bad things about the business, and was in the process of really making a good deal, which is what a broker should do.
James Van Elswyk
Gwen Sylvester
Elite Acquirers provides a quick and easy view into the deals currently available in the industry
Gwen Sylvestor
Mark Patchett
Ecommerce Brokers and the Elite Acquirers service is a rare find. George has a no BS approach with a rare level of transparency. You know if they are giving something the green light that it’s well worth looking into. Highly recommended.
Mark Patchett
A
For years now, George and his team have served as a premier online business brokerage for Flippa buyers and sellers. They’ve successfully sold over $3.6M USD worth of businesses on Flippa. Their impeccable white-glove service has enabled clients to securely and expeditiously conduct business t…
Amber Burke
We keep our listing process short and simple for sellers. Sellers fill out a sheet with simple listing information and answer some questions that buyers ask. Then its backend website access and Google Analytics access so that we can verify the financials, and of course a profit and loss sheet. Once listed our business take on average 3 months to sell.