This ultramodern tech company has seen uninhibited growth through its loyal customer base and incredible profit margins. They’ve cultivated a social media presence with nearly 40,000 active followers – a medal-worthy feat for a brand this size – and that recognition equally reflects their success in sales.
Operating on both Shopify and Amazon, this company was established 8 years ago and was determined, from day one, to be a brand unlike any other in the market. Through cutting-edge product selection processes based on innovation, they provide a unique lineup of progressive products and tech accessories. From universal smartphone holders for cars to stainless-steel Apple Watch bands, as well as front USB attachments for iMacs and Thunderbolt displays, this brand offers products that cater to every aspect of a consumer’s daily life.
As a preemptive measure to increase sales, they also offer products that bridge the gap between Apple and Android users. This allows them to market their products to two highly favorable audiences. A new owner can expect a minimal active time commitment of 5 hours per week and optimal flexibility, making this a great opportunity for first-time investors and those with already active portfolios alike. This low workload affords the acquiring party the opportunity to expand the business while maintaining an enriching work-life balance.
Day-to-day operations include product sourcing, marketing, sales, customer management, website maintenance, product design, and accounting. The company employs one virtual assistant who manages all social media and takes on residual order fulfillment.
There are a multitude of scale opportunities available to effectively grow this business, including expanding their social media presence, continuing product development, and launching the new products that the current owners have already developed and tested. They predict that one of these new products will be more sought after than their current best-seller, their universal tablet stand.
Although the current owners recommend Shopify and digital marketing experience, neither is required, and the acquiring party can expect significant support from previous ownership. A shining opportunity positioned perfectly for scale, an ambitious buyer can rest easy in the knowledge that they will be taking on a business that exists within an evergreen market and turns exhilarating profit.
Listing Number: SF40
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.