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Asking Price$1,200,000
Revenue$2,650,000 EstablishedUndisclosed
Cash Flow$385,000 Employees1 full-time
FF&E$200,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This Brooklyn-based Bath & Kitchen E-Tailer/Brick-and-Mortar Retailer may be the best listing I've ever had. 90% of sales are generated on-line and 99% of all orders are drop-shipped, thus eliminating inventory risk and warehousing expense. Where are you going to find an internet-based business selling for just 3 times its verifiable cash flow? As an established authorized dealer/seller on Amazon and Ebay (under different names than the physical store), this business offers over 20,000 SKUs and has no limitations on revenues it may generate on these sites. Were you starting from scratch, you would probably be limited by these e-commerce portals to selling no more than $5K per month in merchandise in your first year. Having a brick-and-mortar store is a necessity, as it establishes legitimacy with name-brand manufacturers and importer/wholesalers. The store consists of 1,000 square feet of showroom space at street level and another 1,000 square feet in the basement that it hardly utilizes, as total physical inventory at any given point in time might amount to $30K. Rent is only $4,000/month. The landlord is prepared to give you at least a 10 year lease. The store is open from 10am-7pm Monday-Friday and 10am-6pm Saturday-Sunday. The sellers are willing to stay on for at least 3 months to teach you everything you need to know to take over the reins from them.
Training/Support:The seller will train the new owner.
Seller Financing:600,000.00 Down & $600,000 over 36 months at 6%
Sale Reason:The entrepreneurial owners are moving onto an even bigger opportunity.
Ad #76664
Seller Reference #27536
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Jay Goldman
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