Asking Price: $2,500,000 Gross Revenue: $6,044,065Cash Flow: $625,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $300,479 included in asking priceFF&E: $60,096 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Sales up over 50% as owner invested in SEO to drive direct website traffic. Also added several new marketplaces in 2017. Currently 65% drop ship and 35% shipped from warehouse. Have also brought COG's down 2 1/2 percent in last month by negotiating for better shipping/handling costs with drop shippers and adjusting pricing throughout the product line. Sales are growing and COG's are dropping. Owner runs the company from out of state and has a second business which he spends most of his time in. 4 employees in the warehouse. Everything else is done by a third party: SEO, Marketing, Customer Service, Order Tracking, Web Design. New owner could be effective in continuing to find COG savings. And adding a branded product manufactured overseas would provide better margins. Don't miss a turn-key, first mover in online retail!
About the Business
Number of Employees:
4,000 sq ft. warehouse.
Seeking out additional drop-ship partnerships will expand product offering and further sales. Expanding product line and creating own line would also be an opportunity for growth.
Growth & Expansion:
Advanced/proprietary online marketing methods have kept and will continue to keep this e-retailer far ahead of the competition.
Specialty Etailer Sales Doubling in One Year - $2,500,000
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