LED Grow Light Brand for Sale

We are a lighting company that took a go at the horticulture LED grow light market. We would like to make an exit from it and re-focus on our core products again. We are selling our grow brand. 2020 sales were great and growing until China came back online after covid and starting flooding the market with very inexpensive product. Our brand has a lot of good followers and some recognition. We've been at the lower price of the high end and have kept loyal customers through great customer service and support. Price is for our branding, website, IG, customer list, vendor information. Inventory is additional. This way if you'd like to buy the intangibles you can. Value would be for someone to have branding and customers and website and be up and running instantly. This could be valuable for someone with a company looking to add grow lights to their product offering if you take the inventory. Valuable for someone wanting to sell their own grow light or own import grow light and wanting instant market visibility and customers. Maybe you have a grow light company and want our customer list, IG list, and want an acquisition story and to have a secondary brand. Maybe you're a chinese company with a bad branding and market penetration. If you'd like to purchase the inventory you're off and running. We have sourcing for other grow products and lights and low cost chinese imports if you want to compete in that lower end market and have a good brand at a low price. Our pricing is presently about 40% gross profit. Lower end products are typically lower price and lower margin to be competitive but can be lucrative with volume especially if you do fulfillment by Amazon. This market requires active marketing and selling efforts to stay out in front. Make an offer we're open to exploring most valuation offers. We think valuation is more than fair and priced where we did to make it attractive. We would want to see our brand continue on in to the future. Payment however has to be cash/cash equivalent. No financing. Location: Orange County, California Year Established: 2019 Number of Employees: 1 Relocatable: Yes Facilities: No facilities included. You will be buying the brand, website with customer list, Instagram, vendor list, and inventory if you want to purchase it. Included: Wix Website w/ Gmail Email and customer list Domain Name Instagram (content and 3.6K followers) Logo Inventory if you want to purchase it You are not buying our company you are buying the assets related to our brand to add to your company or to start our own company and be up and running very quickly. Market Outlook/ Competition: Our products have been on the low end pricing of the "high end" market. We have very good quality reputation and a good following. Market is being flooded with inexpensive lighting from China and has been harder for us to sell in to. Our model is higher dollar per order and we don't want to move to lower price points and would rather exit and focus on our other products. We have vendor supply chain than can provide these lower cost products if you want to expand and stock them. Growth & Expansion: 2019 Sales: $8,492.65 2020 Sales: $61,677.73 2021 Sales: $15,008.32 Average: $28,393 Appx gross profit: 40% Ideal buyer will be someone already selling in to the horticulture industry looking for an add on product. Maybe you already sell grow lights and you want to access customer list and IG contacts. Maybe you want to do a press release and "acquire" a brand. Maybe you're an import brand and want to use our American branding. One of our vendors has really good other grow products to sell if you want to expand the offering with little work.