Niche: Hobbies, Apparel & Accessories, Office Supply

Listing Details

This listing is for a Shopify eCommerce business established in August 2023. The business sells unique, custom-designed fidget products, emphasizing auditory and tactile satisfaction, durable materials, and quality craftsmanship. Recently, the business has shown excellent financial performance with strong revenue growth and compelling net profit margins.

The owner manages all product manufacturing and design in-house through his own company based in Singapore, dedicating approximately 25 hours per week to logistics and customer inquiries of this business. Sales primarily occur through Shopify (about 80% year-to-date 2024), with additional sales from Etsy and wholesale channels.

* Inventory is not normally included in the list price, further details can be provided to Unlockers.

** This business includes an Etsy account as part of its assets (accounting for around 13% of revenues 2024 YTD). Etsy forbids account transfers as part of their Terms of Service. While we can attempt to transfer the account, as the buyer, you assume all the risk during the account transfer and may not renegotiate, reverse, or otherwise amend deal terms as a result of an Etsy account closure or other penalty from Etsy. To transfer an Etsy account, a buyer will also need to make a bank account in the same country as that of the Etsy account and will need to continue to be paid in the currency of said country for the foreseeable future.

*** The Seller's company currently manufactures the products of this business. The Seller is willing to commit to a 2-year exclusive manufacturing/supply contract as well as a 5-year non-competition agreement. Unlockers may contact the seller for more details on the above.