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Overview

Clothing and Fabric

10 Year Old Well Established Custom and Designer Laces Company

Price: $185,000

Listing ID: LACES1

Entity Classification(M): Limited Liability Corporation

Year Established: 2012

Annual Sales: $132,502

EBITDA: $43,792

FF&E: $1,800

Inventory: $10,000

Included Inventory: $10,000

Days & Hours of Operation: Virtual 24/7

Contractors: 1

Reason For Sale: Other Interests

Limited Seller Financing: Seller will consider some financing to the right qualified buyer.

Listing Status: Active


Summary

Description:

Loyal following and a proven track record of success has arrived! This company is a 10-year-old brand that has built a reputation for exceptional quality and superior customer service. With 140,000 subscribers on our email mailing list and 180,000 followers across Instagram and Facebook, we have established ourselves as the go-to destination for customized, fashion design laces. Business Highlights: • #1 in Google search lists for custom laces and designer laces, having organically built our position on Google without relying on paid ads like our competitors. • Extremely loyal customer base with a retention rate of approximately 50% • People who are attracted to our brand are fashion-conscious individuals who are willing to pay a premium price for our new designer laces • Our current owner and designer is willing to consult with a buyer to help source new designs and products to expand the business. • The potential for expansion exists beyond laces, with the opportunity to sell fashion footwear or any products related to "feet" to further grow the business. Don’t miss the opportunity to take advantage of the opportunity to own a successful business with a well-established brand and dedicated customer base. Inquire today to learn more about the original "shoe lace" company and how you can take it to the next level.

Historical Summary:

Company was founded in October 2012 with a mall kiosk, and has grown exponentially since that time.

Competition:

With many competitors, this business is higher-priced, but has better service, superior designs and highest quality product.

Growth & Expansion Opportunities:

There are many markets this business could expand into and grow.

Owner Qualifications:

A buyer would need to make sure that marketing and design skills would be available to him/her, basic business skills such as bookkeeping / accounting, customer service skills, e-commerce marketing skills, fulfillment, and would need a graphic design person.

Support & Training:

Seller will stay through a transition period to assist a new owner.

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Joe Vagnone

Senior Broker – Charlotte, NC

Office: (919) 341-1100

Cell: (704) 577-8030

Contact Listing Broker

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Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607

Real estate agent's disclosure Form

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