Business Category: Apparel and Accessory Stores, E-commerce, and Internet Businesses
Cash Flow: $79,793
Equipment Value: $48,995
The Company is a Michigan owned and operated e-commerce apparel retailer. The Company offers a range of creative and fun products through its website via its two in-house brands, as well as industry leading brands. The Company provides a range of offerings including Men’s, Women’s, Kid’s, Custom, Gift Boxes, Wedding Kits, and Subscriptions.
The Company additionally operates a brick-and-mortar location in the heart of the local downtown area that acts as a showroom for its many products. The Company derives approximately 65% of sales through its website, 25% through Amazon, 5% wholesale, 2% custom, 2% Etsy, and 1% at its brick-and-mortar location.
The Company focuses on much more than financial performance, and partners with local non-profits in an effort to make a positive impact within the community. The Company has made a significant social and environmental impact with its philanthropic efforts.
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Opportunities For Growth:
(1) Wholesale Market Expansion
(2) Custom Sock Market Expansion
(3) Product Line Extensions
(1) Proprietary Operating Systems
(2) Strong Web Presence
(3) Excellent Customer Testimonials
Real Estate Available: Lease
Reason For Sale: Owners looking to transition to new ventures.
Number of Employees: 3