Business Overview:
This highly profitable Consumer Electronics brand is engaged in the manufacturing and worldwide sales of innovative audio products, including headphones, speakers, and accessories. This company positioned itself as one of the best-selling headphones brands online at the onset of the iPod explosion and has proven itself recession proof by averaging over 70% growth per year. This is a lean, debt-free, bare-bones operation that leverages outsourced design, manufacturing, and logistics to rapidly develop and launch new products, delivering highly competitive value to customers and maintaining incredible profit margins. Sales and marketing are achieved through direct contact with wholesale customers and a highly sophisticated Internet platform, with no paid advertising. A state of the art e-commerce engine includes a custom-built website system for retail and wholesale e-commerce, multimedia content hosting and streaming, order processing, Amazon and eBay integration, customer service, and web marketing. New fulfillment operations in Canada and the EU are currently being set up. The brand has achieved extraordinary online success as a direct Amazon.com vendor, leading the headphones category on Amazon.com for the last three years. International sales include Europe, South America, Asia, the Caribbean, and the Middle East with increasing interest from distributors and resellers worldwide.
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Property Features and Assets:
This business occupies 2000 feet of leased office studio space in Tucson, Arizona. The business is easily relocated and the lease is not an issue.
Market Competition and Expansion:
Competition: The company has technology patents and trademarks in the US, Asia, and EU with additional patents pending. Leveraging a small, outsourced, bare-bones operation has allowed the company to develop new products in response to market trends faster than its larger, slower moving competitors. The brand's unparalleled success on Amazon has allowed it to develop an incredibly strong, close, and unique relationship with the $25B e-commerce behemoth, providing distinct strategic advantages that continue to produce explosive growth.
Growth/Expansion: 70% growth per year has been achieved with a very small team in the first 5 years. Now that the brand is well established with a successful track record, this company has unlimited growth potential in the hands of the right buyer. Primary growth channels ready for tapping are retail store chains, international distribution, and new products. This business could easily be grown to gross $10M plus per year.
Reason for Selling:
Owns multiple businesses
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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