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

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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.
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Reply by an intermediary
from Queens University of Charlotte in Charlotte, NC, USA
I am advising an Apparel manufacturer that has around $1 million-$1.2 in adjusted ebitda, with some incremental improvements could be much higher. tons of oppty for ecommerce. Valuation expectation fairly high right now unfortunately but it is certainly a special brand having been established 40 years ago. They publish around 2 million copies of catalogs annually which is a unique feature. We are somewhat in a holding pattern presently as the owner has health issues but if there is interest, please email me at redacted to discuss.
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Reply by a searcher
from Duke University in Boston, MA, USA
Thanks ^redacted‌. I have a background in ecomm and fashion, interested in learning more. Please contact via DM or redacted
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