* Included in Asking Price
This Northern California based Online Retail Business was established in 2012 and sells high end Men's and Women's luxury items & Household Décor on eBay only. Boasting 100% positive feedback online with almost 4,000 reviews in total, this business is in the highest rated category on eBay for Sellers.
Inventory selling with the business has a value of approximately $1,000,000.00 and has been imaged and categorized on eBay. This business generates upwards of $200,000.00 in top line revenue each year. Inventory is stored in a climate-controlled warehouse with rent at $1,630.00 per month and lease expiration on 4/30/2021. There are no employees in the business, the Seller manages and coordinates all activities and only uses eBay as the selling platform for goods.
This Online Retail Business is completely portable and can be located anywhere in the country. Currently, there is 7300+ listings for sale on eBay which equates to approximately 14,000 products. This amazing inventory was meticulously acquired by purchasing high quality products and categorizing them with images and descriptions on eBay; which has taken thousands of hours to do. High End Brand Names included are Coach, Alice & Olivia, La Perla, Escada, Tory Burch, Frye, Giuseppe Zanotti, Versace, Emilio Pucci, Ralph Lauren, Rag & Bone, Tommy Bahama and Bric's just to name a few. The total sales value of items listed on eBay is approximately $2,200,000.00.
The current asking price is $1,499,000.00 as a cash free/debt free asset sale. The Seller is willing to transfer the established eBay account over to a new Owner which would allow continuity of excellent ratings and a well-established Seller profile on eBay. This business is ready to go...and can start generating cash flow on day one!
|Competition:||The Seller only uses one platform for selling, which is eBay. There currently is little to no competition that has the depth and breadth of product selection that the Seller has. There are Seller's who also have luxury goods, but not with the extensive inventory and reputation that this Seller has.|
|Growth Potential:||There is currently no marketing strategies or tactics used in the business. eBay is the only platform the Seller uses currently, and these items could be spread to other sites such as Amazon, Etsy, etc. Additional marketing tactics could be employed as well through digital marketing platforms and social media to boost sales. Also, third party eBay Vendors could be used to increase sales as well.|
|Training/Support:||Two weeks of training at 10 hours per week would be provided by Seller. This business could be located anywhere in the country. The reason for selling is the Seller is moving out of state to retire.|
|Sale Reason:||The reason for selling is the Seller is moving out of state to retire|
Seller Reference #SACRACA002-N12
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