Melbourne, Victoria 3000

Online Underwear Subscription Business

For Sale | $40,000 + SAV

Clothing/Accessories Home Based Internet

Three65.com.au - simple dropship business model, fully automated. Customers can buy Three65 branded socks and underwear online through the website. Most customers choose a subscription service, whereby they select a bundle that's delivered to their door every three months.

ASKING PRICE: $40,000 plus SAV
SAV: approximately $22,000 (4000 pairs of socks, 8500 units of underwear)

Sales figures as follows:
- 2018: $15,922
- FY18: $19,711
- FY17: $31,606

OVERVIEW
- Fully automated e-commerce business that sells online only to male consumers throughout Australia
- Business first established in 2014
- A subscription-based business that allows its customers to have a constant inflow of both socks and jocks without an excessive price tag
- The business features three different subscription packages sent to the customer every 3 months until they unsubscribe
- Products are branded 'Three65' and are manufactured in China at a very low cost
- Products are currently stored and shipped by a third party logistics company based in Sydney

STRENGTHS/ BENEFITS
- Home based business requiring minimal external resources
- Strong supplier relationships
- Great product designs and range
- Can be operated from anywhere in Australia
- Dropship model meaning no stock physically held (3PL warehouse based in Sydney)
- Multiple growth opportunities

WEBSITE
- Website built using WordPress and WooCommerce
- Stripe used for payments
- Domains included:
three65.com.au
three65underwear.com
three65underwear.com.au

SOCIAL MEDIA/ DATABASES
- Database (1,382)
- Facebook (2,300+ followers)
- Instagram (700+ followers)

REASON FOR SALE
- Current owners have relocated to live and work in the UK (moved in 2018), both are now too busy to invest the time needed to grow the business.

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business. Please quote reference BR1367.

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Overview

This Clothing/Accessories Business is one of 149 businesses for sale in Melbourne City, Victoria, and one of 2 Clothing/Accessories Businesses in this region that a business for sale currently has on offer. This Clothing/Accessories Business is for sale in Melbourne City for the asking price of $40,000 + SAV and is new to the market.