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- RE: Number One European Distributor Of A Premium Robot
- Contact: SellerForce
Quick Facts
Asking Price: | $307,000 | |
Annual Revenue: | $307,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $83,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | Not Disclosed | |
BBN Listing #: | 943041 | |
Broker Reference #: | SF282 |
Business Overview:
A SellerForce® offering, this company is the number one distributor of a prominent European vacuum cleaning brand. The brand designs and builds smart planning robot vacuum cleaners that help customers create a cleaner living environment with minimal effort. They are known for their reliability and having the most advanced features while being affordable.
The brand offers a variety of models to suit different houses and budgets. Across four vacuums and ten accessories, the company enjoys a $360 average order value. Management quickly penetrated the hard-to access European retailer’s network and has partnerships in place with the biggest chains in the region.
As a result, 95% of sales are derived from marketplaces across France and Portugal, where the business has established itself as a key player. All sales are organic, and paid marketing presents an enormous opportunity for expansion.
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Property Features and Assets:
The company receives priority with inventory and has negotiated excellent prices. In addition, it carries no inventory, and payment is made to the brand only once an order is placed. As a result, cash flow is positive and consistent.
Notably, management has the option to buy in bulk to receive lower prices if they wish and can obtain exclusivity for the brand if sales targets are met.
The typical customer is a woman between 25 and 55 who purchases a vacuum and accessories. The owners work only 14 hours weekly on the business, focusing primarily on managing the marketplaces, looking for new business development opportunities, and managing top-level relationships with the manufacturer. One employee works for the company, and all training materials and procedures are automated via this virtual assistant.
Market Competition and Expansion:
Furthermore, launching on Amazon and expanding to other countries like Spain, Italy, and Sweden would quickly skyrocket the top and bottom lines.
This acquisition opportunity is ideal for an entity that wishes to take advantage of the distribution network or an individual seeking a lifestyle business.
Contact SellerForce today to learn more about this exciting opportunity and its vast potential in the right hands.
Listing ID: SF282
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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