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Internet Retailer - B2B Niche
Listing DetailsStatus: Sold
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $275,000
Cash Flow: $87,000
Inventory: $10,000
Inventory Included: Yes
FF&E: $10,000
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: No
Financing/Terms:
Owner will provide some financing for a qualified buyer
Reason for Sale:
Owner wishes to retire
Training:
Owner will provide up to 20 regular workdays of training and transition support and is available for
OperationsYear Established: 1999
Last Acquired: 1999
Form of Ownership: S Corp
Business Hours: Monday - Friday, 8am - 5pm, Eastern
Summary
Business Description:
Specializing in the sale of unique and hard-to-find, non-proprietary, purchased products and supplies to a diverse customer base ranging from small bicycle and home shops to Boeing Industries and the federal government as well as an increasing international clientele through a single website, this internet retailer offers lots of advantages over a traditional storefront operation.
Historical Summary:
Originally founded as a brick and mortar business in 1983, the company has transformed to meet the demands of the competitive marketplace while serving their customers. The internet store was first created in 1999 and then in 2008 was re-designed and expanded to its current capabilities.
Owner Qualifications:
Business experience and an aptitude for technology.
Competition:
Several large retailers supply the high volume, standard products and supplies which are common and widely understood with regard to application and operation. Knowing the unique and hard-to-find products and supplies and providing them quickly at a competitive price point is the difference.
Potential Growth:
To build future revenues, continue to add products to the website that are representative of the company niche so “pay-for-click” ads bring shoppers to additional “landing pages” where customers can order directly from the website. Additionally, there are completely new product lines that could be marketed via the website which the Seller can explain in detail.
Location
Facilities:
Owner currently works from a home office so it is expected that a new owner would do the same.
Last Updated: Jul 13, 2015 / 3:44 PM
Financial Information Current as of: Jun 27, 2011 / 12:00 AM