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Business For Sale
HIGHLY PROFITABLE ONLINE BUSINESS 30 PERCENT SALES
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Asking Price: |
$350,000
USD USA Dollars
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Business for Sale Industry: |
Technology: Internet
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Reason for Selling:
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Starting a New Business |
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Year Established:
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2002 |
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# of Employees:
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1 PT |
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Yearly Revenues:
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$344,432 |
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Yearly Cash Flow:
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$143,343 |
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Yearly EBITDA:
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$143,343 |
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Yearly Net Profit:
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$143,343 |
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Yearly Gross Income:
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$344,432 |
Business for Sale Overview:
Highly successful web based business operating for last 6 years in high-end keepsake products for baby, kids and wedding. This online business has been growing with an average growth of 30% year to year. The business has a nice even spread of sales between .com (b2c) business and wholesale (b2b) business ( wholesale includes brick and mortar wholesale and sales to other online retailers). The gross profit margin of 80% is achieved by manufacturing process that is outsourced to a US based third party vendor who manages production, factory communication, and shipping. The whole business model is completely automated with staff of 20 hours/week to process/pick/pull/ship orders and all products are shipped out of the seller's home 1500 sq.ft basement. ( or warehousing and shipping can be outsourced to fullfillment center for small cost) Some very reputed chains like Nordstrom, The Picture People, Neiman Marcus and Archivers have carried this recognized brand in their catalogs/stores. Best of all, seller has maintained excellent record keeping. With tax returns showing net profit of 140K + for last three years in a row, lenders will be happy to finance this business even in the current credit market ! To sum it all up, 6 year history of success and proven sales, documented cashflow and eligible for bank financing - if you have been looking for profitable online business, you know how difficult this combination is to get. e-mail: buysellebiz@gmail.com for NDA
Property Features and Assets:
web based business.
Market Competition and Expansion:
High profit margin, leading brand image and automated business model. Huge unexplored market segment created by technological advances in this industry
Additional Details:
- 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 may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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