Business Overview:
This business is a Dropship E-Commerce Company with a 75% Repeat Clientele. This repeat client base focuses on materials that are used in medical offices, restaurants, offices and sanitation products. Providing over 400,000+ items, this business is able to drop ship anything pertaining to the industrial, janitorial, office, & restaurant markets as well as furniture and technology accessories. This E-Commerce business is currently fulfilling over 4,000 orders each month and they are projected to exceed 8 million in sales. This business has over 20 vendors, adding 2-3 new vendors each year. In addition to their success, they were awarded a contract to sell office supplies to a network of over 250 hospitals and 350,000 shipping locations nationwide, including doctors’ offices. This company is totally relocatable, with a small storage lease in Atlanta. The owner currently lives in Tampa but has relocated to 3 different states over the course of the last 10 years proving that this business is truly relocatable. Their software, Channel Advisor, can manage up to 1 million SKUs allowing the new ownership significant room for growth. Being a dropship business, they carry little overhead and with the extremely efficient team of 7 cross-trained employees, this order fulfillment business can be run from anywhere in the United States. Their website is highly secure with the Green Address Bar SSL Certificate (highest in Industry standard, equal to bank standard) and is tested daily to ensure its durability. They are qualified for Amazon Seller Prime, but not currently using it – taking advantage of this qualification would lead to a substantial increase in traffic and revenue.
This company is priced at $3,700,000 and is positioned to grow and expand in the online retail space. Current ownership is confident in the continual success of this business and has offered a much larger than normal Promissory note and/or equity roll of 25% on this business and a training/transition period of one year or more if needed. The current owner is looking to sell this business due to health concerns as he Is preparing to undergo a back surgery.
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Reason for Selling:
Health; Back surgery needed, cant sit for long.
Additional Details:
- The property is owned.
- The owner is 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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