Ready to Grow
This pair of websites (est. 2008 and 2012) provide premium quality hair extensions and accessory products to customers both nationally and internationally.
The business model is straightforward, well-established, and has extremely low overhead. All products are sourced from vendors that provide only the highest quality hair. Once the hair arrives, it is quality checked, hygienically processed, packaged for sale, then sent to the fulfillment center for distribution when ordered. The company has great infrastructure: well-ranked websites, hundreds of customer reviews, a proprietary library of how-to videos, a robust supply chain, solid vendor relationships with proven high-quality products, and an existing 9000+ customer database that generates consistent revenue.
The company generated $750K+ in annual revenue in 2014 when one of the partners departed. In 2016, the remaining partner shifted to completing his PhD and beginning his technology career. The company has been on autopilot since; the websites continue to generate almost $100K+ in annual revenue with a high-profit margin. The company currently keeps limited inventory, which subsequently limits sales. However, when inventory is replenished, and the owner emails the database, the inventory usually sells out in a few weeks.
A dedicated owner can utilize the existing infrastructure, history, and active customer base by keeping the supply chain flowing and investing in marketing and advertising to grow the business. Additionally, the company never sold on marketplaces like Amazon, eBay, or Walmart; you can quickly boost sales and increase profits by offering the product on these channels that provide a massive additional customer base.
For those looking to dive into e-commerce, this pair of hair extension and accessory product websites are a fantastic opportunity. They will not last, so contact the Agent today for all the details!