Profitable Bag Retailer for Sale in Ingolstadt, Germany
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 340 thousand |
Run Rate Sales | USD 340 thousand |
EBITDA Margin | 25 % |
Industries | Bag Retailers + 1 more |
Locations | Ingolstadt |
Local Time | 11:43 PM Europe / Berlin |
Listed By | Business Owner / Director |
Status | Active |
- Online leather bag business, based in Germany.
- Have our own registered brand.
- The company is currently registered as an e. K. registered in Ingolstadt, Germany.
-Sold on our official website and the following platforms - Amazon, OTTO, Etsy and Zalando throughout Europe, Switzerland, Great Britain and Turkey.
- We have more than 50 active products. Most of the products have 4.5 stars plus reviews.
- Sourced through a manufacturer in India.
- Average orders per month are 200 to 250 and the average order value is EUR 120.
- YoY growth of more than 20% since last 2 years, Avg profit margin per product is 25%, the business has an established supply chain and no debts.
- There is 1 permanent employee, which is the owner. The invoicing, billing and shipping are outsourced.
Online leather bags - different variants of side and laptop bags.
Top selling are Triton and Creton variants.
Sold through online website and other E-commerce sites.
Physical assets include an inventory of products,
Intangible assets include website domain and registered e-mail IDs.
Rented warehouse in Ingolstadt of 100 sq m.
Rent is EUR 1309 per month.
The business is funded by personal savings.
No outstanding loans or liabilities.
The business is registered as a sole proprietorship.
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Earlier than 15 daysPartner, Software Development, Nuremberg, Individual Investor / Buyer connected with the Business