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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 |
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
Documents:
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