Owner Financing is Available!
Business Overview:
This business is an online retailer of special novelty items. Price includes $30,000 of inventory. Gross margins have averaged 43% in 2010 and 2011 and can provide incremental income to an existing online retailer or to an individual who can use this business as the platform to grow the business. The business can be relocated anywhere in the country, to an office or can be home based. Currently the business leases about 1000 sq. ft. of office space (80% for product storage). The business was started by the current owner in 2000 as a side business from his main career and it has had steady growth prior to the recession. There are over 33,000 customers is in the database and the business sells in all 50 states and international. Customer base consists of commercial accounts, institutional accounts, and individuals who buy the products as gifts and or for personal use. Approximately 25% of the business is from repeat customers. The web site was revamped in 2011 and includes an excellent infrastructure with full e-tailing capabilities, iPhone Interface, Facebook Integration with product displays, affiliate program, and a customer rewards point system. The owner spent $40,000 to have the site professionally developed. The investment made to the site will allow a new owner to expand the product line and the business is therefore positioned for growth. A buyer with good sales and marketing skills or a buyer who is familiar with online retailing may be able to grow the business substantially. The owner has a full time career that does not allow him time to focus on business development. Excellent opportunity, priced to sell.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business leases office space of approximately 1,000 sq. ft. Business can continue at this location or can be relocated.
Market Competition and Expansion:
Competition: Very unique niche products so there is very little direct competition though some will sell some of the same products, there is no one online store with the breadth of products in this category.
Growth/Expansion: May be achieved by an outbound marketing effort to businesses through direct sales, mailings, or email campaign.
Reason for Selling:
Seller needs to spend more time on primary career.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.