Established Consumer Brand with Strong Market Presence

Overview: This 23-year-old consumer brand has carved out a unique position in the fashion-accessory and novelty market, boasting a dedicated customer base and impressive gross margins exceeding 80%. The business thrives through direct-to-consumer ecommerce, a prominent online marketplace, and wholesale channels. Key highlights include: ● Over 80% gross margins due to proprietary in-house manufacturing. ● Minimal owner involvement, with a dedicated team handling operations, allowing the owner to focus on design, sales, and marketing for about 30 hours weekly. ● Diverse revenue streams with no single customer contributing more than 6% of sales. ● Two promising growth avenues: a reusable silicone product line entering a lucrative market and an edible novelty line facing little competition. ● Previous sales dips resolved, with current marketplace performance surpassing the last two years. The seller is open to a performance-based financing arrangement and will provide up to six months of training. The business includes equipment and inventory valued at approximately $165K and has an assumable lease. Proven resilience through economic fluctuations over the last 23 years. Property Details: The leased space spans 2,500 sq. ft. with a monthly rent of $2,533, expiring in 11/2027. The business operates with 2 full-time, 3 part-time, and 1 contract employee, during weekdays from 9 AM to 4 PM. The asking price encompasses $40,500 in inventory and $90,950 in furniture, fixtures, and equipment. Reason for Sale: Retirement and lifestyle change.