Established pin, patch and apparel business for sale. I am opening a bar and I just don't have time to run this business anymore. It kills me to sell it since I have poured a lot of energy into it and I still love operating it but I just have not had the time to keep up with it.
Running the business as it is is very straight forward. When a sale comes in you pack it up and put it into the post box. I'm located in Canada but most of the business comes from the US, so it would be much cheaper to run this business in the USA.
The business has established many wholesale accounts and we even have a US distributer. Most of the easy money comes from the wholesale accounts and I would suggest the new opperater to focus on this end. Most of our wholesale account wanted to sell our shirts, however since all our apparel was print on demand we never bothered. A better entreprenure would get shirts made and sell them to all of our wholesale customers, they're gagging for them.
The mark ups on the pins and patches are amazing. We buy them for $0.30-60 and sell them for $8-10. The apparel (as mentioned above) don't cost a thing, you only pay for them once somebody buys them and then printful sends them out for you. It's seriously amazing.
The artist we use for the pins sells us his art for $150 a piece, a shockingly great rate.
What this business needs is someone that will actually bring it to its full potential. It will for sure make you passive income, as it has for me, but I suggest you buy this business if you have bigger ideas. A better me would have approached outlets like Urban Outfitter years ago with these designs. People LOVE this brand, it's so easy to sell it to wholesale customers, so it's about finding a bigger market. I just can't, too too many things to do.
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