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  • RE:  TOP RATED ONLINE STORE - EST 20 YRS -OWNER RETIRE
  • Contact:  Agent On
  • License #: 1995716

Quick Facts

Asking Price: $470,000
Annual Revenue: $1,040,000
Net Profit: Not Disclosed
Cash Flow: $218,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 2
BBN Listing #: 943915
Broker Reference #: 5454 DK

Email or Print Listing

Business Overview:

Listing # - 5454 DK While numerous Internet online stores are short-lived, this one has been around for more than 20 years. This online hobby craft store is enjoying a dedicated, loyal hobbyist customer base with stable profits - now, the owner would like to retire and spend more time with family. Transparency of the business is provided through complete books and records with matching tax returns. The sales have been over $1M for the last 5 years. 1 full-time manager and 1 full-time shipper assist the owner, and both of them are on W2. The 2,000 Square Feet warehouse can be relocated anywhere. The purchase will include - * Perpetual non-compete agreement for the online store presence * Provide business training & Assist online store setup under new ownership - up to 4 weeks upon close of escrow * Seller can be available as a paid consultant after the free 4-week training * Complete assistance for the buyer in embracing existing customers & vendors ** SBA financing available for qualified buyers ** Supply Inventory of about $400k @cost is an addition to the purchase price. Please contact the listing agent for details. 

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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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