Potential investors were told Peppermayo had almost doubled gross revenue in the last two financial years, and it totalled $18.6 million for the 2021 calendar year.
The company was profitable in the 2021 financial year, the flyer said, and is expected to do $20 million revenue and turn a profit this financial year.
The pitch reminded investors of the boom in online retail and said Peppermayo had a long runway to growth. In Australia, 60 per cent of its sales were from Victoria and New South Wales, with room to grow in other states. Peppermayo would also like an investor who could help with its offshore expansion plans. The group sells into the United States and Australia, and is seeking to expand its footprint.
Peppermayo also told suitors it wanted to flesh out its higher margin exclusive offerings, and branch of its existing direct to consumer roots and towards wholesalers such as Asos.
The flyer flagged Peppermayo could look at smaller brands in Australia, Canada and America for strategic opportunities to expand its customer base, influencer roster, manufacturing and distribution.
It currently has over 5.8 million visitors and 2 million users. On social media, Peppermayo has 841,000 Instagram followers, and 19,500 TikTok followers.
PwC M&A partner Lisa Foster is running the sale, according to the flyer.