Dropship eComm Business in the Commercial Kitchen

Tampa, FL
Hillsborough County

Asking Price: Annual Revenue:
$790,000 $962,072

Retail: E-Commerce, Retail Websites

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RE: Dropship eComm Business in the Commercial Kitchen Broker: Ron Matheson
Owner Financing is Available!

Quick Facts

Asking Price: $790,000
Annual Revenue: $962,072
Net Profit: Not Disclosed
Cash Flow: $242,426
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 946659418
Broker Reference #: WC 2686

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Business Overview:

Website Closers® presents a 6-year-old, 100% dropship eCommerce business that provides customers with high-quality Commercial Kitchen Equipment. As a both DTC and B2B provider, they offer their products on Amazon.com, Walmart.com, and their own Branded Website … offering products from top brands and manufacturers within the industry. They have become a trusted source of appliances among hotels, restaurants, bakeries, and many other commercial establishments, as well as residential customers with an interest in outfitting their kitchens with the best possible equipment. The company has over 1,000 active SKUs, an Average Order Value of roughly $2,000, and over 3,000 commercial customers, while still having plenty of room for growth.

The company sources from the likes of OMCAN, Dukers, and several other trusted premium brands, which allow them to provide an expansive assortment of first-rate kitchen equipment. Their latest success is an agreement with Turbo Air, one of the largest brands in the industry, who only work with selected dealers. Their products include, but aren’t limited to, ovens, broilers, refrigerators, and steamers. The company buys directly from their manufacturers, meaning that there are no concerns about paying for warehousing and stock, or having to hire on employees to handle them.

They have established themselves firmly within the vertical, and they have the customer base to show for it. Along with their long list of commercial customers, they also have a substantial return customer rate. Additionally, on Amazon, which served as their main platform for many years, they have a strong Lifetime Seller Rating. Their official website has been rapidly growing as well, seeing over 20,000 monthly visitors – on average – per month.

The company is highly proactive in seeking out new clients, having constructed a successful marketing campaign over the years. They advertise on Amazon, have paid campaigns on Facebook, LinkedIn, and Instagram, and run Craigslist ads in several states. These efforts have helped the company get in front of customers, and has brought attention to their brand.

Their marketing plan, while incredibly effective, can be improved to better acquire new customers. They could build upon what is already there by growing their social media marketing, or they could go down an entirely new route by developing an SEO plan for their website. By improving their existing blog and implementing certain keywords into their product descriptions, they would be able to direct more business from their website and make it a much larger sales channel.

Another method that they could use to expand their current customer base would be to participate in industry related trade shows and events. These shows are attended by experts and enthusiasts within the industry, making them invaluable in bringing more attention to the company. By attending, not only would they be able to attract more customers, but they would also be able to make their brand more widely known by those in the industry.

Advertising is not the only way to scale the business. Amazon, which makes up a large percentage of their sales, could be used for international expansion by taking advantage of their other storefronts. Amazon has already given this company an access to its platforms in Mexico, Canada and Brazil and working on providing access to UAE market. The company could then enter new relationships with manufacturers in other regions, ensuring that they will consistently be able to deliver the best possible products around the globe.

The company currently has no employees outside of the owners, instead relying on their manufacturers and outside services as necessary. Since they do not have to invest in, manage or store inventory – the company can be operated by one person at its current rate … simply adding Vas as necessary over time. The owners’ core responsibilities consist of negotiating with customers, closing deals, and handling marketing and promotions. These tasks, however, along with any other responsibilities that come up with the company’s growth, can be managed by hiring on staff to handle them. This would grant the buyer more free time, and make operating the business a much smoother process in general.

Commercial kitchen equipment sees consistent demand from businesses and establishments around the world. High-quality equipment is necessary to both properly preserve and cook meals in bulk, making them a staple for any company that handles large amounts of food. Unsurprisingly, the global market has seen no shortage of growth, being valued at 79.72 billion USD in 2019, and with projections to grow at an astounding CAGR of 6.7% from 2020 to 2027. The demand for kitchen equipment has been fueled by the growth of the travel and tourism industry, with restaurants and hotels needing to purchase the best appliances that they can to meet the sudden influx of customers. Quick Service Restaurants (QSRs) are also expected to propel the market forward in the upcoming years, as with more customers realizing the appeal of fast, convenient meals, high-quality equipment will be needed to keep up with the demand.

This seasoned company has come incredibly far in its 6 years of business. Thousands of commercial clients rely on them for their vast list of products, and thanks to the relationships they have with their suppliers, they are able to meet customers’ needs with no warehouse and stock capital necessary.

If you’re interested in taking this acquisition to new heights, then contact Website Closers today to hear more from our brokers.

This DropShip Company is Represented by:
Website Closers
Tech, Internet & eCommerce Business Brokers
WC 2686

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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