Internet Based Retail/Wholesale

Palm Beach County, FL (Relocatable)

Seller Financing Available
Internet Based Retail/Wholesale

Asking Price:$180,000

Cash Flow:N/A

Gross Revenue:$950,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:2011

Internet Based Retail/Wholesale

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Business Description

We buy products direct or through buying group associations and resell to the public and B2B in the markets of transportation (automotive/marine), telecom, renewable energy and more. We have payment terms from our vendors and very good relationships. A full time off-shore employee is included who handles customer support, accounting, order processing and web development such as adding new products or updating the website. Day to day operations do require some management, mostly in the form of phone call backs to take orders, speak with potential high volume customers, speak with vendors.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
1
Facilities:
The company is web based drop shipping model with 3PL distribution in place however there is very little inventory right now. Customer support, accounting and purchasing all our outsourced. I spend about 6 hours per week managing the company. This mainly includes paying vendors, analyzing reports and marketing strategy, speaking with potential high volume customers etc. (Home Based)
Competition:
Because the company is web based our market penetration is largely due to online advertising efforts including SEO and PPC. Becuase we are within a niche market competition is lower than most but still present. Our B2B business has been growing organically since the start. We have also seen gains in our diversification into the alternative energy markets.
Growth & Expansion:
We do not partake in Amazon or eBay. I believe this to be a viable option to increase revenue 2 fold within 6 months. We have no phone support yet receive hundreds of phone calls and hangups each month. While this is a very low maintenance business I have designed it that way due to my other obligations. This was always meant to be a side project so it has never received the commitment needed to fully capture potential business and profitability. I have no idea how much business we could be doing if someone simply was answering phones.
Support & Training:
There is minor training involved however the company will come with 1 full time employee that is well versed in all operations of the company. I will also be open to a short term training arrangement for the new owner(s). All web development, maintenance and marketing are outsourced. You do not know how to operate a website or possess any engineering background.
Reason for Selling:
New Job
Home-Based:
This business is Home-Based
Business Website:
http://sepbatteries.com

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