Shopify Men's Shoe/Accessories Brand | YoY Growth | Low COGS | Patent

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Asking Price:$180,000
Gross Revenue:$886,836
Cash Flow:$105,279
Established Year:2020
BUSINESS DESCRIPTION

This e-commerce business is a successful online retailer specializing in fashion footwear, particularly shoes with hidden height-boosting insoles designed to add up to 3 inches in height. One of its best-selling products is covered by a supplier-owned patent, and the business holds exclusive rights to sell it. Since its inception, the company has generated over $2.4 million in revenue. It also boasts a strong online presence, with more than 57,000 followers across social media and an engaged email list of 35,000 subscribers. The business has even secured five-letter usernames on social platforms, enhancing its brand identity.

The company operates primarily through its website, offering a range of height-enhancing footwear, clothing, and accessories aimed at men who want to improve their appearance and confidence. The brand appeals to a niche market, marketing its products as a way to boost self-esteem and attract attention. With a streamlined and user-friendly shopping experience, customers can easily browse and make purchases, enjoying fast, direct shipping. The business has cultivated a loyal customer base of style-conscious men seeking to enhance their height and overall image. Its reputation for quality, comfort, and innovative design continues to draw in new customers, making it a trusted brand in the fashion footwear space. Financially, the business has demonstrated strong growth from 2021 to 2023, with revenue increasing from $53,049 to over $1.5 million in 2023. It has maintained a lifetime profit margin of 13.99%, with consistent revenue per order of approximately $100. Thanks to its low cost of goods sold and a lean advertising budget, the company has successfully balanced customer acquisition with profitability. With its solid financials and potential for continued growth, this business represents an attractive opportunity for e-commerce investors.

Key Highlights
• The business focuses on fashion footwear with hidden height-boosting insoles, offering up to 3 inches of additional height.

• It holds exclusive rights to sell a best-selling, patented product supplied by a partner.

• Since its inception, the business has generated over $2.4 million in revenue.

• The business has a strong online presence with over 57,000 social media followers and 35,000 engaged email subscribers.

• Operations are streamlined through an easy-to-use website, offering stylish height-boosting sneakers and accessories.

• Financial growth has been steady, with revenue rising to over $1.5 million in 2023, maintaining a 13.99% lifetime profit margin.


DETAILED INFORMATION
Inventory
Not Included in asking price
Support & Training
Seller committed to a smooth transition and willing to offer full training & support.
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Scott
Weingold
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Scott Weingold