Website Closers® presents an incredibly lucrative, super high quality consumer product company spans multiple high-demand verticals with a focus on Classic, International and Traditional Board Games. With 4 in-house brands under management, this offering contains a Premier North American name in Board Games; the single North American vendor of classic Chinese Hardware for Furniture Restoration, Architectural, and Interior Design projects; elegant European-Style Wood-Crafted Chess Sets; and, unique Homes Storage Goods.
Carrying such versatile and unique offerings allows this business to drive revenue and growth over their more than 16 years in business. As a strategically designed business, this company has strong vendor connections that allow for seamless and swift SKU expansion as well as enviable terms. This company already stands at the top of each of its industries, however, there is immediate opportunities lined up for scale. With 60+ new SKUs already in the pipeline, the wheels have already started to turn for additional growth. This proven opportunity could also be quickly scaled through further channel development, improved social media awareness, in-house game creation (Board Game Incubator), and influencer marketing. Board Game Incubation is a very real opportunity given the fact that this business has very strong ties to those in the design, development and manufacture of games … making the launch of an idea far easier than what others would face without help.
Each of these brands delivers their own average order value with the highest being $67.29 and the lowest at $46.77; as a leading player across each of their industries, these brands are bringing in higher than average AOVs. Differentiating themselves through variety, quality and manufacturing infrastructure and contacts, this seller has extremely low SKU concentration and boundless opportunities to scale.
Leveraging a dynamic mix of reliable vendors and a 100% stock and ship model, this online business utilizes both their own Shanghai storage facility and Amazon FBA for all their shipping requirements. Each of their brands carry an Amazon.com rating above 98% positive lifetime ratings. Additionally, these brands sell through their own branded websites as well as eBay, another large marketplace in the Game Boards space. These seller channels are extremely impactful, but they can be bolstered by the addition of both online and offline opportunities, like Walmart, Target and Specialty Game Stores.
Their high volume and longstanding relationships have set this business up for preferential treatment from vendors, resellers and their target audience as a whole. However, they currently only deploy Ad Spend with Amazon.com and their branded Shopify Websites. Working with an outside marketing agency for each platform, this business generates strong, scalable traffic and conversions through varied campaigns. These practices could be strengthened significantly by the addition of social media marketing, both paid and organic, influencer marketing, community building, and thought leadership.
As a market leader, this company could also establish themselves as a go-to source for information and advice within their fields. As interactive and high-quality product providers, this company would do remarkably well on platforms such as Instagram, Facebook, YouTube, and Pinterest, which would ultimately drive additional revenue. Finally, there is an increasingly impactful pull that influencers and micro-influencers have across the digital space, partnering with content creators like these would draw unimaginable traffic and awareness.
Offering more than 520 in-house branded SKUs, this company also has a multitude of products already within the launch pipeline. In fact, there are 60+ SKUs in development across all 4 brands right now … setting up any incoming buyer for incredible success. Along with this company’s vast vendor and resource network, this acquisition comes with incomparable lifetime advantages. This business has participated in a multitude of gaming tournaments over the last 16 years in order to build up both brand awareness and community foundation. The buyer gets all of this goodwill through this dynamic acquisition.
An early adapter and trend setter across their many verticals, this company is widely recognized for its business prowess, integrity, and quality. Their long history of success and reliability is sure to be an asset to any new owner. Dedicating a cumulative average of 75 hours each week, the 2 current owners are responsible for all executive and managerial tasks as well as product management and development. These core functions could be effectively minimized through the addition of an HR Manager as well as an R&D Specialist. This company has 20 employees who are all coordinated and managed by the two current owners. Employing workers in both China and the Philippines including a Warehouse and QC Manager, a Purchasing Manager, a Bookkeeper, a Logistics specialist, a Graphic Designer / Photographer / Videographer, IT / Developer, 9 Warehouse Employees, an Executive Assistant, a Content and Marketing Manager, and 2 Customer Service Representatives.
An unimaginably promising and entirely established opportunity, these 4 brands offer lasting success and fantastic margins to any capable buyer. As a leader in multiple industries, this acquisition is an investment with phenomenal competitive advantage and brand awareness. This business is the opportunity of a lifetime for any business-minded buyer.
This eCommerce Business Represented by:
Tech & Internet Business Brokers
Listing ID: WC2175