10 Y/O, Unique Owner Absentee Value Added Distribution Business Selling Customizable Gifts & Accessories Through Various E-commerce Channels
Lifetime revenue of more than $50MM; Strong Reputation for Client Satisfaction; Significant Opportunities for Continued Growth via Digital Marketing, Expanded Product Lines and Sales via Amazon
With operations between two states, the Company is an eCommerce business that sells customized gifts for customers of all ages, including jewelry, apparel, home goods, barware, face masks, and other accessories. It has been in operation since 2011 and has shipped more than two million units from their list of more than 4,500 customizable items.
Personalized photo blankets and pillowcases are the best-selling items, accounting for 65% of overall sales combined. Significant opportunities for continued growth exist, including digital marketing and expanding sales through Amazon. The business does a large portion of marketing through Groupon, which has been very successful and consistent. The Company’s email list currently has more than 1MM subscribers.
The business has manufacturing facilities in Florida and New York. A new owner will have a number of opportunities to grow, such as adding a bridal product line, which would help balance out the seasonality in the business.