| Online Equestrian Supply Retailer for Sale Western USListing DetailsOffice ID: EQUINE1 Status: Sold Listing Broker: Jeff Snell Listing Price: $340,000 Gross Revenue: $935,171 Cash Flow: $112,105 Inventory: $190,000 Inventory Included: Yes FF&E: $20,475 FF&E Included: Yes 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.fffOperationsYear Established: 2004 Form of Ownership: S Corp Employees (full-time): 2 FT, 6 PT Managers: 1 Business Hours: M-F 8am-5pm pacific time Summary 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.ffffffHistorical 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.LocationReal Estate for Sale: Yes Square Footage: 3300 Facilities: 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: Dec 18, 2017 / 11:53 AM Financial Information Current as of: Jul 23, 2013 / 2:17 PM |
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