|Online Equestrian Supply Retailer for Sale|
Western USListing DetailsOffice ID: EQUINE1
Listing Broker: Jeff Snell
Listing Price: $340,000
Gross Revenue: $935,171
Cash Flow: $112,105
Inventory Included: Yes
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will provide financing consistent with typical commercial loan requirements and SBA guidelines.
Reason for Sale:True retirement.
Training:Seller will provide transition support.fff
OperationsYear Established: 2004
Form of Ownership: S Corp
Employees (full-time): 2 FT, 6 PT
Business Hours: M-F 8am-5pm pacific time
Business Description:The business sells premium equine related products worldwide via its online e-commerce enabled website. Products include saddles/tack, rider apparel and accessories, horse health and grooming to include boots and hoof care products. The company also sells barn and trailer accessories in addition to other related products of interest to equestrians. The business represents over 75 manufacturers, has over 1,000 products available online and stocks on average over 600 products available for immediate shipment. The company has a line of branded products and exclusive distribution rights for multiple products. The majority of products are not typically found in retail tack shops. Many products are sources from Europe and unique in the North American marketplace.ffffff
Historical Summary:Started in 2004 by the current owner who had committed to barefoot riding. The first product was a boot designed for this purpose. Subsequent products were consistent with natural horsemanship concepts.
Owner Qualifications:Passion for horses. Product knowledge. General accounting - business experience/marketing/finance.
Competition:Several large online retailers are in the marketplace. This particular business is price competitive, but strives to beat the competition with high customer service.
Potential Growth:Continued SEO will be important. Creation of video content. Potentially to integrate software that can recommend related products (similar to Amazon). Integration of an inventory management module with e-commerce system.
LocationSquare Footage: 3300
Metal Building on cement slab. Flex warehouse located in a commercial business park. High ceilings with stacking interlocking pallet system. Seller does not expect buyer to assume lease. Seller expects the business will be relocated.
Last Updated: Oct 5, 2015 / 11:38 AM
Financial Information Current as of: Jul 23, 2013 / 2:17 PM