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NVSBL - Undershirts For Men (Online e-commerce business)

$30,000 + SAV

  • ID Ref BR1372
  • Suburb Melbourne
  • State VIC
  • Status For Sale
  • NVSBL - Undershirts For Men (Online e-commerce business)

Business Description

NVSBL.me - fully automated online business, with fulfilment centres in Australia, USA and UK. Sells high quality, fitted, invisible undershirts that are the modern approach to the traditional cotton men's undershirt.

ASKING PRICE: $30,000 + SAV (vendor willing to negotiate on SAV)

Detailed annual P&L Statements available upon completion of Confidentiality Agreement. Summary as follows:

- FY17: Sales $190,000, Net Profit $34,000
- FY18: Sales $149,000, Net Profit $32,000
- FY19: Sales $101,000, Net Profit $22,000

OVERVIEW
- e-commerce business selling high quality, fitted and invisible (drop the vowels, you will see where 'NVSBL' comes from) undershirts for men
- Stock sourced from India and shipped directly to fulfilment centres in Australia, USA and UK
- NVSBL undershirts boast exceptional design and quality with a tapered cut, incredibly soft and breathable fabric, and an invisible design.
- 3PL fulfilment centres handle all stock handling
- Business first launched in December 2015
- Product comes in 4 colours, 7 sizes each (28 SKUs total)
- Customers are primarily affluent 25-35 year old males, orders have been received from 30+ countries worldwide

STRENGTHS/ BENEFITS
- Strong supplier and agent relationships in place
- Exceptionally easy to run business that can be run remotely, from anywhere in the world
- Main competitors charge a significantly higher price with inferior shipping options
- Minimal customer support required (email support only, approximately 1 hour per week)

WEBSITE
- Website is run on WordPress/ WooCommerce
- Ranks #3 for 'invisible undershirts' on Google
- Domains included:
nvsbl.me

SOCIAL MEDIA/ DATABASES
Facebook: 776 followers
Instagram: 7,526 followers
MailChip: 3,428 subscribers

REASON FOR SALE
- Current owner recently married and requiring funds for house mortgage. Also has full-time job as an accountant, no time for running online business.

Contact Cameron Ryan of bbroker on 0411 145 114 for a confidential discussion about this business. Please quote reference BR1372.

This is another bbroker Exclusive Listing..

Business Features / Snapshot

Your Business Broker

Cameron Ryan

Business Location

Melbourne, Victoria 3000