My name is Eric Young. I started Mountaineer Brand in my kitchen 10 years ago. The second year in business, we generated over 1 million in sales. We've held steady at a little over 2 million a year for the last 5 years but have hit a plateau. Out of the 2 million, about 60% is from Amazon sales, 35% from our Shopify store, and about 5% from wholesale orders. Our biggest opportunity for growth is our Shopify store. We also have some opportunity in the wholesale market and are not afraid to scale. In 2018, we had 4 SKU's in almost 4,000 Walmart stores. This only lasted a year. Our OTIF scores were good but we didn't sell enough product to meet Walmart's expectations. We know now that the problem was lack of marketing. Sales for 2018 were over 4 million. I know that with the right partner and cash for marketing, we could scale the business. We sell products similar to Manscaped, The Beard Struggle, Beard Brand, and Dr. Squatch. I am very open to getting creative in a partnership deal. I would like a partner that would be at least somewhat involved but that's not absolutely necessary. I would even consider selling the whole business. If I sell the business, I'd like to be the manufacturer for the buyer. I could also warehouse and fulfill orders for the buyer.
Ready to Ask For Funding for your company?
Post a Funding Request