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Ohio Business For Sale |
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| ONLINE RETAILER SELLS POPPY PODS - 4 YEARS GROWTH |
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| Attn: Mark Daoust |
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| Toledo, OH, USA |
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| Asking Price: |
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$1,870,000 USD USA Dollars |
| Business for Sale Industry: |
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Technology: Internet |
| Reason for Selling: |
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Owner wants to pursue other projects |
| Year Established: |
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2004 |
| Yearly Revenues: |
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$979,731 |
| Yearly Cash Flow: |
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$459,629 |
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Business for Sale Overview:
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This online business is one of the top online retailers of dried poppy pods (a significant niche in the flowers and crafts industry). Established in 2004, every year since its inception it has seen significant growth. The current owner of this business has set this business up to be entirely "hands-off". In a recent week, he logged the time he spends working on the site - the result: 1 hour and 40 minutes. Besides growing rapidly and consistently, and besides being setup to require a minimal time investment from the owner, this business has established unique and exclusive relationships with their suppliers. No other retailer will be able to get the same relationships as this website has - a significant advantage protecting them from potential competition and giving them significantly higher gross profit margins (gross profit margins are slightly over 50%). Finally, this business has only just begun to realize its potential. Currently it only uses its strong natural search engine rankings to drive traffic to the site. Other marketing methods (such as Ad words, banners, sponsorships, etc) have not even begun to be explored. There are also other areas in which this business can easily expand and become even more profitable.
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Property Features and Assets:
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This is a virtual business that can be run from anywhere, including a home office. |
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Market Competition and Expansion:
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There are a few competitors in this space, however, none are providing the quality, pricing, and speed with which this business is able to provide. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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