An opportunity to acquire a premium global omni-channel marketplace connecting buyers & sellers online selling both new and preloved sneakers, streetwear and luxury Items.
The business offers an excellent opportunity either as a standalone company, with scope to scale existing operations, or as a bolt on opportunity to an established organisation.
The Opportunity
- Operating in a growing market with the sneaker market currently valued at $6 Billion and forecast to surpass $30 Billion by 2030
- Established business and brand with strongly growing revenues
- Utilising leading-edge proprietary technology
- Operating with trusted partners and brand ambassadors
The Business
- Retail platform connects resellers to an established audience via a premium online shopping environment.
- E-commerce driving over 60% of revenue across product categories inc. sneakers, streetwear, watches, bags, accessories and shoe care.
- Operating four international concessions in high end retail stores
- Private client personal shopping via concierge partners for high-net-worth customers
- Proprietary technology to include reseller App used under licence.
- Significant brand equity established over the Company’s trading period
- Experienced leadership team
Business Assets
Available assets include:
Intellectual Property assets – the established brand name, trademark, copyright in the website content and Company published literature.
Partner and brand ambassador relationships – the developed partner and brand ambassador relationships.
Organisational knowledge – an established team with a detailed understanding of the company’s market and products.
Stockholding – the existing stockholding with a cost price of c.£140,000.
Goodwill – the valuable goodwill attaching to the business.