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





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

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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

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.
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.

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Lenny Farber

Business Listed By:
Lenny Farber

W3 Business Advisors

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