Exclusive Market Position: As a retailer of fan merchandise in South Africa, the business holds a unique and unrivaled position in the market, with little to no competition.
Diverse Product Range: The business has expanded into motorsport, NBA, gaming, and more, catering to a wide range of fan bases and interests.
Strong Operational Foundations: Utilizing Shopify for the online store, PayFast for payments, and Courier Guy for shipping, the business boasts streamlined and efficient operations, with platforms that are user-friendly and almost entirely automated.
Established Legal and Financial Framework: Registered with CIPC, possessing a tax number, and operating with its own bank account with ABSA, the business has a solid legal and financial footing.
Growth Potential: In its first year of operation, the business has already achieved commendable monthly sales of approximately R20,000. With no running expenses such as rent or salaries and a stock value of R70,000, there's immense potential for growth and profitability.
Strong Online Presence: With its own dedicated phone number, email address, registered domain, Google Business profile, and Google Shopping integration, the business has established a robust online presence, ensuring visibility and accessibility to potential customers.
- Asking Price:
- R300,000 Inventory / Stock included
- Sales Revenue:
- Under R100K
- Cash Flow:
- Under R100K
Property Information
- Location:
-
Online Store
Business Operation
- Expansion Potential:
-
Category Expansion: With a foundation in UFC, Venum, motorsport, NBA, and gaming merchandise, the business has the potential to diversify further within these categories. Expanding product offerings within each category and exploring new sports and entertainment genres can attract a broader audience and increase market share.
Brand Development: As a new company, there's ample opportunity to carve out a unique identity and brand image. By developing a distinct brand identity and voice, the business can differentiate itself in the market and build stronger connections with customers.
Collaboration Opportunities: Collaborating with local organizations such as EFC (Extreme Fighting Championship) and large sport shops can open up new avenues for growth and exposure. By partnering with established brands and retailers, the business can leverage their networks and resources to expand its reach and customer base.
Market Expansion: With a flexible business model, the company can adapt to changing market trends and consumer preferences. By staying agile and responsive to market demands, the business can explore new opportunities for expansion into emerging sports, trends, and markets.
- Competition / Market:
-
Market Leader: The business holds a unique position as the sole retailer of UFC and Venum merchandise in South Africa, with little to no direct competition.
Strong Market Presence: With an established online platform and a diverse product range, the business has built a loyal customer base and is well-positioned for continued growth.
Operational Efficiency: Streamlined operations and efficient logistics contribute to the business's competitive advantage, ensuring timely delivery and customer satisfaction.
Growth Opportunities: With no running expenses and a solid financial foundation, the business has significant potential for expansion into new product categories and markets.
- Reasons for selling:
-
The business was created leveraging our extensive experience in entrepreneurship. However, due to time constraints, we're unable to dedicate the necessary attention and effort to fully realize its potential. Therefore, we've decided to sell the business to ensure it receives the management and focus it deserves for continued growth and success.
- Trading hours:
-
24 hours
- Employees:
- 0
- Years established:
- 1
Other Information
- Support & training:
-
Platform Guidance: We'll provide an overview of all operational platforms, including Shopify, PayFast, and Courier Guy, ensuring a smooth transition.
Supplier Connections: Assistance will be provided to establish communication with suppliers, streamlining the process of managing orders and inventory.
- Inventory / Stock value:
- R70,000 - included in the asking price
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
