Business Overview:
This dropship vendor has 75 repeat clients and over $6M in annual sales! They provide necessary janitorial, PPE, and office supplies through Amazon and other marketplaces! Using Channel Advisor software, which can manage up to 1 million SKUs, this business manages over 400,000 products with 20+ vendors, resell on their website and marketplaces. They do no marketing,
Every order placed online is drop-shipped directly from the wholesaler or manufacturer in 2-3 business days to the consumer/business – they carry little to no inventory and have almost no overhead. With an integrated ordering system already in place, their software is ideal for the high volume of products this company sells.
• They continue to add 2-3 vendors per year, each providing a greater variety of products. Recently, 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.
• 95% of revenue comes from large name marketplace retailers, while 5% comes directly from the website.
• 75% of website sales come from the consumer and 25% from business accounts.
• 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.
• Providing quality products at a low price, the product mark-up is between 28-48%. Excellent relationships with the wholesalers help them deliver their low-price guarantee, as well as superb customer service.
This company priced at $3,025,000 is positioned to grow and expand in the online retail space. 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. Securing additional contracts directly with hospitals and corporations would also boost sales.
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Property Features and Assets:
Small storage facility used to handle returns.
Market Competition and Expansion:
Secure additional contracts directly with hospitals, corporations
Reason for Selling:
Focus on personal health
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.
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