Flippa
FOR SALE
Business Name

be GENTLEMAN

Business Model
Marketplace
Industry
Design and Style

$9,090

Asking Price
Multiple 1.4x

+ $5,000 Inventory

A registered brand which seeks to equip young gentlemen with high quality accessories at low prices.
This business owner has manually entered their financials

Facts and Figures

Location
Germany
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$72,965
Annual Expenses
$66,472
Annual Net Profit
$6,493
Profit and Loss
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 June 2019 July 2019 August 2019
Revenue $3,761 $7,667 $2,651
Expenses $2,347 $6,348 $1,749
Net Profit $1,414 $1,319 $902

Business Description

The business sources branded products and sells them over the Amazon marketplace in Germany, England, France, Spain and Italy. The products itself are fulfilled over Amazon FBA, that is why there is rarely any work with shipments to customers.

How does your business make money?

The business makes money buy sourcing cheap and selling with a margin over a marketplace.

Why should someone buy this business?

We established a brand on the German marketplace with rankings and recognition. In the rest of Europe however, we barely sell anything. The reason is because of our language barriers and the lack of knowledge to sell in their marketplaces. For wise people this is a great chance to expand with the benefits of an already working concept.

Note: The inventory's selling value is over 29,000$!

Why are you selling this business?

We founded the business as two students during our Bachelor's degree. Since my business partner got a very good job offer after his graduation, he moved to another country. While letting the business slide, our revenues declined. I alone have not enough expertise to lead the administrative parts of the business (book keeping, taxes and other legal stuff) which my business partner did previously. Since this harms the business, I decided to sell it. I'd like the brand to still exist in the future, because I very much like the concept of modern and plain gentlemen fashion accessories.d

Business Strengths

  • Brand and Community Loyalty
  • High Barrier of Entry to Market
  • Low Time Commitment Required
  • Outsourced Order Fulfilment
  • Scalable Business Model

Opportunities for a new owner

  • Launch New Products
  • Start Selling into New Markets
  • Improve Current Marketing Efforts

Key day-to-day operations

  • Customer Support / Service
  • Bookkeeping
  • Launching New Products
  • Managing Inventory
  • Product Sourcing and Design

Marketing

  • Amazon PPC

Inventory

Units
1,502
Value
$5,000

Assets

  • Brand assets
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Registered trademarks
  • Social media accounts
  • e-Commerce platform accounts

Social Media

Facebook
160 followers
Instagram
310 followers

Post sale support

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

Included

About the Seller

Timo Bernschneider

Verified Account

Germany

Contact