Seller's Contact Information
- RE: Dropship German & European Automotive Parts Ecomm
- Contact: Not Disclosed
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $1,528,872 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $242,192 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | Not Disclosed | |
BBN Listing #: | 138717787 | |
Broker Reference #: | 13555 |
Business Overview:
PENDING SALE
This business is a well-established internet based company committed to providing the best quality car parts and automotive accessories at great prices and the highest level of service. The company resells German and European well-known performance and accessories car parts through multiple sales channels including Amazon.de, eBay.de, Real.de and its own websites. Through its marketplace accounts, it also sells a huge selection of other goods such as tools, vacuums, welding equipment, trunk liners, and spare batteries, just to name a few. Customers are located predominately in Europe.
With 90% of products dropshipped, the remaining 10% are stocked and fulfilled from the company’s storage facility in Germany. The business can be transitioned to a 100% dropship model which would eliminate the need to store, pack & ship any products. This would also make it easier to operate from any location as all products can be shipped direct to customers from dropship vendors directly while the owner can oversee operations from anywhere.
The company has experienced YOY growth. For 2020, sales and profits were up significantly with profits up 323% over 2019. Its success has continued into 2021 with profits up in Jan-May 2021 over that same period in 2020. For continued growth, product lines can be expanded as well as sold in North America and globally.
Key Benefits Include:
90% Dropship
YOY Growth
Multiple Sales Channels
Marketplace Accounts
Great Product and Seller Amazon Reviews
Efficient Operations
Flexible Product Line Organization
Low Overhead
Worldwide Processing
Financial Summary
TTM Gross Revenue $1,250,100 Euro
TTM Cash Flow $198,031 Euro
TTM Gross Revenue $1,528,872 USD
TTM Cash Flow $242,192 USD
*Converted from Euro to USD at the exchange rate of 1.2230 on 05/31/21. USD equivalent at time of sale will vary based on exchange rates.
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Market Competition and Expansion:
COMPETITION This business has the competitive advantage in the industry by offering the best quality products at great prices and the highest level of service. GROWTH AND EXPANSION This well-established business, with a significant foothold in a number of Marketplaces as well as sales through its own websites, is perfectly positioned for continued growth. Some Ideas for Future Growth Include: •Increasing the number of well-selling products •Adding more German/European leading Marketplaces •Selling premium brands to China/Asia
Reason for Selling:
Pursue Other Interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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