Very successful online business. Specialising in Linen.
Key Features & Benefits:
Commencing in 2016, the owner has grown the business significantly. Everything is well set-up, around $25k in weekly sales. Orders continually come through online all day, every day!
Established online presence. With a strong e-commerce platform, this company has an established customer base and online sales channel
Very strong repeat orders: Customer return rate of 64% over 90 days, and 52% over a year. Unheard of in this industry
High-quality products: The company offers a wide selection of functional, stylish and carefully selected home items
Strong brand: Known for great quality and customer service, this company has a strong brand identity and loyal following. An average star rating of 4.92 with over 4,808 reviews!
Growth potential: With the right strategy, there is significant potential to further expand and scale the business. They target NZ and Australia but believe there is enormous scope to scale through the US, Canada and Western Europe
Two product categories: Linen bedding and Linen clothing
The average markup on bedding is 314%, and clothing is a whopping 351%
The owner is the founder and designer, and works part-time in the business averaging 20 hours per week
The business can be run from anywhere
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Finn Business Sales
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