10 Yr. Old eCommerce Eyewear Retailer – 17% Net Profit Margins

Manhattan, NY (New York County) (Relocatable)

Seller Financing Available
10 Yr. Old eCommerce Eyewear Retailer – 17% Net Profit Margins

Asking Price:$395,000

Cash Flow:$104,126

Gross Revenue:$671,584

EBITDA:$104,126

FF&E:N/A

Inventory:N/A

Established:2007

10 Yr. Old eCommerce Eyewear Retailer – 17% Net Profit Margins

Get Financing Save Print Share Valuation Report

Business Description

Founded in 2007, this long established and very profitable niche retailer is a one-stop shop for consumers' eyeglasses & sunglasses. The company's business model has been instrumental in allowing for an attractive working capital structure that requires minimal fixed overhead expenses. While the seller does stock some best sellers, the majority of inventory is mostly procured "just-in-time" and the business only requires approximately 150 sq. ft. to house the inventory with room to pack and ship orders. The seller has done an excellent job of diversifying suppliers with eight reliable vendors, ensuring there are no supplier concentration risks. Business is continuing to grow this year as Q1 sales were up more than 11% YOY over 2016.

Even with the company's outstanding 17% net profit margins and with sales and net profits up significantly over the past couple of years, there are still several immediate growth opportunities that give this business substantial potential moving forward. With a proven track record of consistent cash flow, this highly scalable internet based platform combines the benefits of selling a tangible product with the margins and mobility of an internet-based platform that can be operated from anywhere in the US. Ultimately, this high quality acquisition opportunity allows for exceptional profit margins and offers a tremendous ROI for a business that is positioned for growth going forward.

For more information, please contact Lenny at info@w3businessadvisors.com or 312-291-4495.

Detailed Information

Employees:
2
Competition:
There is some competition, but this company has a great reputation and has developed a strong footprint in its niche.
Growth & Expansion:
There is still tremendous potential for growth by expanding on the current marketing efforts as well as embarking on new initiatives.
Financing:
Please inquire for more details.
Support & Training:
The seller is committed to the company's ongoing success and will provide 30-60 days of complete training and support.
Reason for Selling:
Seller is looking to focus on an unrelated business.

Listing Statistics for Premium Members

Ad#:1363567 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Lenny Farber

Business Listed By:
Lenny Farber

W3 Business Advisors

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Cellairis

Franchise Opportunity
Capital Required: $145,000