Asking Price: $389,000 + Inventory

Launched in 2014, this business began as a successful Kickstarter campaign. In the Fall 2013 issue of Atomic Ranch, a reader asked, “Do you know of a good source of ’50s period mailboxes?” This is what originally sparked the idea. With an entrepreneurial spirit, a background in finance, and a love for good design, the seller started the company.

With this opportunity, a buyer can take a business with design-patented products, a defined customer demographic, and a strong reputation and scale it to new heights through paid and social marketing and other traditional and untapped forms of promotion. The seller has lost his motivation to take the business further but knows there is massive potential for the right buyer.

The products are extremely high quality and customers are willing to pay a pretty penny for the quality. The business has design patents on two different product styles. On the website, the average order size is $267. This business has almost no seasonality; sales are very steady month after month.

This business requires 3,500 square feet of space (currently in Raleigh, NC). The seller sources the raw metal products from a metal fabricator. A new owner could use his existing warehouse and fabricator or move the operation. The in-house production work involves powder-coating and assembling the products. He has chosen to keep production in-house and use a US-based supply chain to produce the products. The products allow for different colors for different components, which gives customers the option to choose from many looks.

The seller spends 25–30 hours per week running the business. He has two part-time employees who also help operate the business.

The business has a nice moat built around it due to the semi-custom nature of the product. Also, with the high price point, the business benefits from very high 35% net margins.

The seller is 62 years old. He is ready to retire and start traveling.