New Business For Sale: eCommerce Fitness monthly subscription service
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The Biz Blog
October 13, 2020 by Steve Lukes
Steve Lukes just launched a new listing: eCommerce Fitness monthly subscription service
eCommerce Fitness monthly subscription service
Asking: Call • Gross: $2,400,000 • Net: $400,000A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle.
- 15% revenue growth expected in 2020
- 7,300 monthly subscribers and growing
- 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019
- Two owners focus on strategy, operations and partnerships
- One of the owner's wife works part-time on marketing
- Loyal and well-trained staff that is hourly rate compensation, most have been with the company for 2 to 4 years
- Owners are willing to stay on post sale or depart
Please contact Steve Lukes, M&A Advisor, 310-871-2909 or slukes@bizex.net
Steve Lukes
Email: slukes@bizex.net
Office: (310) 882-2200 ext 164
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/steve-lukes
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