This company is an online designer and provider of state licensing stamps. Focusing on architects, land surveyors, and engineers, this company produces and sells professional stamps and insignias that follow the specific regulations and requirements of all 50 states. With offerings that are state and profession specific, this niche company has broadened its horizons to also offer home address stamps and custom stamps, both for self-inking office sets and the classic wood and rubber stamps. This fully established eCommerce retailer has experienced consistent Year Over Year growth since its inception 3 years ago. With a strong consumer base and a high margin offering within a highly profitable niche market, this promising company is an amazing opportunity for any new buyer.
This target allows professionals to easily input their information and purchase a high quality engineer, architect or land surveyor stamp that meets the requirements of each state licensing board. Leveraging standard templates carefully crafted for each of the individual states, this company quickly manufactures, assembles and ships the ordered stamps. This business utilizes a tiered offering system, for the product minimum a buyer receives just the digital files. When purchasing the customized wooden stamp, they are also given the digital stamp as a complementary piece. And, if the user purchases a custom self-inking stamp, then they also receive the digital files for free. An easy way to boost profits per order would be to charge both for the digital files and the custom stamp sets.
This opportunity has seen a steady growth in sales since it launched its website 3 years ago. Their current target market spans the hundreds of thousands of engineers, architects, and land surveyors in the US. Each of these professionals have the possibility to obtain licensure in numerous states, creating a demand for repeat business.
The current ownership dedicates about 10 hours a week to this business and employees no outside help. Leveraging a 100% inventory model, the current owner handles all inventory, product creation, and shipping concerns himself in his home office. Averaging $5,000 in sales per month, this company is driving a large profit with almost no overhead cost.
The scaling opportunities for this company are immense. With the booming notary market and others like it entirely untapped, there is a lot of growing potential for this company across verticals and industries. Expanding offerings would also be a great path towards growth. Providing templates for Emails or custom stationery would be a profitable and natural transition for a company like this.
If you’re looking to diversify the client-base rather than the offerings, there are many communications and selling platforms that could skyrocket profits. These include leveraging the reach of trade shows, professional social media ads (such as LinkedIn advertising) and extending purchasing storefronts to Amazon and Etsy.
This company has an amazing earning potential and a solid footing within the professional insignia industry. Taking this company to a whole new level, a savvy entrepreneur could extend their own professional offerings or focus solely on growing this incredible and widely trusted brand directly. With 3 years of consistent growth and a multitude of promising avenues for extended scaling, this is an amazing investment for any capable buyer.
