Specialty Etailer Sales Doubling in One Year - $2,500,000

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Specialty Etailer Sales Doubling in One Year - $2,500,000
Asking Price:
$2,500,000

Gross Revenue:
$6,044,065
Cash Flow:
$625,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$300,479
included in asking price

FF&E:
$60,096
included in asking price

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Business Description

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

Year Established:
1998
Number of Employees:
5
Real Estate:
Leased
Facilities:
4,000 sq ft. warehouse.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
Owner will stay on in a consulting role for a period of time TBD.

Listing Info

ID:
1437052
Ad Detail Views:
153

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$
months
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Business Listed by

Evan Meester

Results Business Advisors

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