* Included in Asking Price
Established 19 Years old business for sale well positioned in niche market with steady YOY sales. The business specializes in import of rosary beads and Catholic jewelry but offers gifts and books as well. The name/domain of the online store is short, appealing and product descriptive.
The company purchases its products directly from the manufactures. The revenue is generated through four sales channels: Amazon, Ebay, Online Retail & a Wholesale Store.
The inventory is stocked in a warehouse, then part of the inventory is shipped to Amazon FBA and the rest of the orders are fulfilled in house. Order processing & shipping are automated. All stores are managed from a single platform and the inventory is synchronized between all of them.
The business maintains on average 1600 sku’s (many of which are color variations). About 2/3rd of the revenue is generated through Amazon with about 1200 sku’s, 400 of which are FBA and generate the majority of the Amazon volume.
The majority of the products are small, easy to store and ship.
The business operates with one full time employee. The owner spends on average of 25 hours per week in peak seasons and during the summer works only a few hours a week. The company uses outsourced services for picture editing.
The buyer will receive all tools required to run a successful online business: vendor contacts, chain of online stores, social media accounts, etc. The owner will provide a full-know how.
The Revenue for 2020 was 308K, DCF: 75,000. For the first 4 months of 2021 the revenue has increased 16% compare to the same period of 2020.
Inventory on average $150K ( factory direct prices) the wholesale value is about 350K.
• Well positioned with 20 years long history, established clientele and steady sales.
• Over 45K registered customers and over 35K active subscribers..
• Top rated Professional Amazon FBA and Ebay accounts.
• Two long holiday seasons: Lent – Easter – First Communion, (February – End of May) & Confirmation – Christmas Season (September – December).
• High Profit Margins due direct factory import.
• The Business offers an unique products.
• The buyer will receive several long-lasting and trustworthy factory contacts.
• Owned sophisticated shopping cart with build in multichannel order and inventory synchronization.
• A pending Trademark application will be transferred to the new owner.
• The business has not been affected by the pandemic.
The business can be relocated anywhere in the country. Can be run as home business. Can be also set to work with services as 3PL.
Great opportunity for anybody that wants to run his own business or as family business. Any existing Catholic, Christian or gift store which relies on local clientele can use this opportunity to expand and reach customers worldwide.
EXPANSION AND GROWTH:
Amazon and Ebay stores have a huge potential. The business can expand to market channels like Walmart and Etsy. A connector for Walmart is already implemented. The online store traffic can be substantially increased with aggressive social media marketing and SEO. The owner will share other marketing ideas.
Should be noted that for several years the owner had lived outside of the country, he ran the business remotely and was not his priority to work on the business growth. If the new owner invest time on the growth potentials the revenue can be increase quite substantially.
|Sale Reason:||The owner wants to pursue other opportunities.|
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