Seller's Contact Information
- RE: Profitable E-Commerce Home Based Specialty Cigar
- Contact: Daren Bucklin
Quick Facts
Asking Price: | $386,000 | |
Annual Revenue: | $197,194 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $95,021 | |
Total Debt: | Not Disclosed | |
FF&E: | 20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 3 | |
BBN Listing #: | 413552348 | |
Broker Reference #: | 59071-811990 |
Business Overview:
This growing specialty high quality cigar business obtains their product made and packaged to their specifications, factory direct from the Dominican Republic and carries approximately $170,000 in inventory at their home-based office where they process on-line orders, package, and ship these cigars direct to customers. Sales are completed primarily on-line via the ecommerce website to a growing base of repeat individual customers and some business retailers. Products include three primary lines of ten (10) custom blended cigars under a trademarked brand along with related merchandise and some branded clothing. This is a home-based business that can be easily relocated with significant growth potential.
Two friends who had a passion for good cigars started this business in 2017 and the business has shown year over year steady growth ever since. One owner is the face of the brand while the other owner is responsible for day-to-day operations. At this time, they have decided to sell as they have grown the business to the point it is ready for someone to advance and grow it to another level and they would like to retire.
For the most part brick and mortar cigar sales tend to be higher than on-line sales due to the additional costs of operation. Various on-line and brick and mortar cigar specialty brands and stores compete with this business. This is a rugged, fun brand that differentiates itself by providing high quality mid-market cigars at a fair price that are easily accessible on-line with faster order processing and shipping than industry competitors. They have also focused on delivering high quality customer service by engaging with their customers on-line and building lasting relationships. International sales to the UK and Canada are a growing segment of the business.
There is opportunity to continue to expand on the product line of the brand and build upon the established VIP program.
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Property Features and Assets:
Business is currently home based and can easily be relocated to anywhere all sales are on-line.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- 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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