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RE:  Established & Profitable Pre-owned Luxury Handbag Contact:  Eileen Wu

Quick Facts

Asking Price: $425,000
Annual Revenue: $772,440
Net Profit: Not Disclosed
Cash Flow: $22,296
Total Debt: Not Disclosed
FF&E: 2,700
Real Estate: Not Disclosed
Year Established: 2016
Employees: 3
BBN Listing #: 94684955
Broker Reference #: 9111-17340

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Business Overview:

This Canadian company is a high-growth online retailer of pre-owned authentic luxury designer handbags. The company specializes in buying and selling pre-owned luxury brand handbags such as Chanel, Louis Vuitton, Hermes, Dior, Gucci and more.

This is your opportunity to own one of the largest online boutiques of pre-owned designer handbags in Canada.

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Property Features and Assets:

Currently, this is a home-based business. Assets = $327,700

Market Competition and Expansion:

The company distinguishes itself from its competition through its exceptional buying and selling experience. More than 40% of buyers are loyal repeat customers who have been purchasing and selling with the company since its inception. The global pre-owned luxury goods market has experienced strong growth in 2021. This business has established strong roots in the Canadian pre-owned luxury handbag market.

Reason for Selling:

The business owner is ready to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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