Flippa
FOR SALE
Business Name

Potter Leigh

Business Model
Marketplace
Industry
Design and Style

$11,000

Asking Price
Multiple 2.5x

+ $14,000 Inventory

Potter Leigh is a women's boutique focusing on classic pieces that are stylish, comfortable, and easy to wear. We buy our clothing wholesale out of LA.
This business owner has manually entered their financials

Facts and Figures

Location
United States
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$21,063
Annual Expenses
$16,622
Annual Net Profit
$4,441
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month May 2019 June 2019 July 2019
Revenue $867 $1,111 $1,567
Expenses $1,223 $755 $963
Net Profit -$356 $356 $604

Business Description

We work with amazing customers and influencers, allowing us to meet new people, build relationships, cater to women's clothing needs, and connect to a large group!

How does your business make money?

We make money from selling clothing.

Why should someone buy this business?

Potter Leigh has been fully operational for over 2 years now and has had great success. We have an established customer base, with many return customers, as well as an established Instagram following. Currently, the only marketing tactics are Instagram and Facebook ads. With more effort put into marketing, the business could grow exponentially.

Why are you selling this business?

We're selling the business because, although we have loved it, we aren't able to give it the time and effort it needs to grow and thrive. We have babies and young children at home and have decided to focus more on that.

Business Strengths

  • Large Customer Database
  • Lots of Repeat Customers
  • Low Return Rate
  • Positive Customer Reviews
  • Well Established and Unique Brand

Opportunities for a new owner

  • Start Selling into New Markets
  • Improve Current Marketing Efforts
  • Improve or Outsource Operations

Key day-to-day operations

  • Customer Support / Service
  • Bookkeeping
  • Launching New Products
  • Managing Inventory
  • Order Fulfilment

Marketing

  • Influencer Marketing
  • Instagram Advertising
  • Word of Mouth

Inventory

Units
482
Value
$14,000

Assets

  • Domains
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Relevant email accounts
  • Social media accounts
  • Vendor contacts

Social Media

Facebook
180 followers
Twitter
0 followers
Instagram
3.9K followers

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Allyx Moedl

Verified Account

United States

We're Allyx and Whittney. We've been friends for over 13 years, starting as roommates in college! We love traveling, books, good food, and of course clothes! We've absolutely loved starting this brand and hope to see it go to someone who will love it!

Contact