Leading Brand in Slides/Flipflops with Strong Global Presence & Consistent

August 31, 2024
by a searcher from Massachusetts Institute of Technology - MIT Sloan School of Management in New York, NY, USA
I'm presenting an exceptional chance to take ownership of a well-established brand in the slides/flipflops market. With over a decade of global success, this company is celebrated for its high-quality products and remarkable customer loyalty, with over 45% of customers returning.
Key Highlights:
Renowned Brand: Recognized as one of the premier names in the slides/flipflops sector.
Consistent Profitability: The company has a proven history of financial stability and consistent profits.
Financial Performance: This year is expected to close with revenue surpassing $2 million and an estimated EBITDA of $400,000. The company consistently maintains an EBITDA margin of around 35-40%. There's a potential to optimize operations and cut cost by 20+%.
Efficient Operations: The business is managed by a lean team of just 7 employees including the owner, thanks to its simple product line and streamlined operations.
Untapped Growth Potential: Despite its success, the company spends little to no money on online advertising, offering a significant opportunity for growth through increased marketing efforts.
Smooth Ownership Transition: The current owner, planning to retire, is open to staying on during a transitional period to ensure a seamless handover.
This is a rare opportunity for a buyer to step into a profitable and highly respected business with substantial potential for expansion. With strong online presence and marketing capabilities, a future buyer could scale this brand to become the next Havaianas.
Ping me to learn more.
from Queens University of Charlotte in Charlotte, NC, USA
from Duke University in Boston, MA, USA