#57: eCom Slipper Brand Making $480k/year

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๐Ÿ‘‹ Hey Fam!

Welcome to the 480 new people who have joined this week!

In this weekโ€™s issue:

  • ๐Ÿ›’ eCommerce - 1 listing

  • โ˜๏ธ SaaS - 1 listing

  • ๐Ÿ—„๏ธ Traditional business - 1 listing

  • ๐Ÿ—„๏ธ Traditional business - 2 listings

  • โ˜๏ธ SaaS - 2 listings

  • ๐Ÿ›’ eCommerce - 1 listing

Alright, Letโ€™s explore!

Estimated Reading Time = 5 minutes

๐Ÿš€ Startup Spotlight

Discover profitable online and traditional businesses.

๐Ÿ’ฐ Asking Price: $100,000

Profitable eCommerce with $484,000 in TTM revenue and $80,000 in TTM profit that offers a thriving business that specializes in crafting exceptional slippers designed to look like famous sneakers.

Our innovative brand has taken the world by storm, generating over $990k in revenue since its inception in Q4 2020. With an ever-growing customer base of more than 17,000 satisfied customers, it is redefining the way we enjoy ultimate coziness at home.

Type: eCom

โœ… Key Highlights

  • $484,000 in TTM Revenue

  • $80,000 in TTM Profit

  • $360,000 in revenue last month

  • $48,000 in profit last month

๐Ÿš€ Growth Opportunities

  • Facebook Ads: A lot of the current success is dependent on the platform which means thereโ€™s even more potential for growth here. A lot of opportunities to continue scale and also test new product offers which havenโ€™t been done so.

  • Email Marketing: Send out newsletters, product updates, exclusive promotions, and personalized recommendations to nurture customer relationships and drive repeat purchases. Implementing automated email sequences for abandoned cart recovery and post-purchase follow-ups can also help increase conversion rates and customer lifetime value.

Brand seems like it has some high potential for scale, however the only confusing part is the high amounts of revenue in the prior months.

๐Ÿ’ฐ Asking Price: $1,800,000

A live streaming platform built for investing education and entertainment. Streamers have the ability to live stream their investments in real time to paid or non paid viewers, host a chat room, and record & store videos in their personal video library.

This is a social community for investors. For those who are looking to acquire, owner is open to a "Creative Acquisition", such as working under you for 3,6, or 12 months to assure that business stays strong while you learn the platform and develop a business plan for growth.

Type: SaaS

โœ… Key Highlights

  • $1,200,000 in TTM Revenue

  • $1,000,000 in TTM Profit

  • $45,000 in revenue last month

  • $37,000 in profit last month

๐Ÿš€ Growth Opportunities

  • Paid Search: Promote the platform on all social media including YouTube, TikTok, and YouTube with keywords such as "Stock Market", "Day Trading", "How to trade stocks" marketing that it is the only platform designed for live trading and investing education.

  • Influencers: Sign traders with large social media followings to exclusively trade only on TradeCaster. Their large followings will bring in even larger quantities of subscriptions.

  • Affiliate Marketing: Have an affiliate marketing team reach out to traders with a social media presence who may not want to stream, but who can still promote TradeCaster to their following. Every converted member will be 80% to TradeCaster and 15% to the influencer.

Not many cons on a business like this. Founder is willing to be quite flexible on how the acquisition is completed and the business is in an area which has a lot of room for growth. The majority of market share is taken by a few select companies but it has room for other companies to step in and steal a small % of the pie.

๐Ÿ’ฐ Asking Price: $410,000

Situated strategically throughout bustling New York City, their fleet of 65 cutting-edge ATMs caters to a diverse range of clientele, from tourists exploring iconic landmarks to tech-savvy urbanites. What sets their machines apart is their sleek design, advanced security features, and prime placement in high-traffic areas.

Operated on a 100% passive model, the business is equipped with state-of-the-art remote monitoring systems, allowing seamless oversight from anywhere in the world. The potential for expansion is vast, offering new owners numerous avenues to scale and capitalize on the thriving market.

Type: Traditional Business

โœ… Key Highlights

  • $997,000 in Gross Revenue

  • 65 cutting edge ATMs

  • 3 months on going support

The ATMs are located in high-traffic areas like shopping malls, universities, and tourist hotspots. All are under secure contracts and monitoring with establishments ensuring their safety and functionality.

While there are competitors, their ATMs stand out due to their strategic placement, state-of-the-art technology, and dual functionality (both crypto and traditional cash machines).

The potential for further expansion is endless, especially in areas yet untapped by dual functioning crypto and cash ATMs. Expand into other cities or add more units in New York's emerging market.

๐ŸคŒ๐Ÿผ Learnings Of The Week

โœ๐Ÿฝ Acquisitions

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