E Commerce niche biz switching to Amazon model.

NY

E Commerce niche biz switching to Amazon model.
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Asking Price: $570,000

Cash Flow: $295,000

Gross Revenue: $3,120,000

EBITDA: N/A

FF&E: $150,000

Inventory: $550,000*

Established: N/A

*not included in asking price.

E Commerce niche biz switching to Amazon model.

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Business Description

Niche e commerce has matured to meet today’s retail opportunities.

This is a well-established distribution business currently located New York that is in a niche industry. Over its existence it has become one of the largest and leading internet suppliers to the industry selling to both amateur and professional customers. The customer address base consist of 100,000 customers. It has grown by sourcing quality products both internationally and domestically. The company prides itself on its education and training principles which are helping the industry evolve. The business model is simplified by using the internet to serve its customers. This helps keep overhead costs at a minimum and eliminates receivables from the working capital component. The internet does not cap upside potential because of geographic limitations. It also makes the company portable should relocation be considered.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This well-established business sells supplies and equipment to a niche industry that is experiencing worldwide growth as a result of the internet and television exposure. In just a few years this company has become one of the largest e-Commerce distributors selling to both consumers and small businesses. It carries 4,000 SKU’s and has over 100,000 on its customer list.
Competition:
The company has identified 10 US competitors of which 3 are fairly large and 7 are small. This is one of the largest companies in the industry
Growth & Expansion:
• Continue to penetrate the US market through executing the marketing strategies already being utilized. Better internet search engine optimization should continue to be developed. • Further develop and capitalize on being a key Amazon supplier. • Target the International market using similar strategies that worked in the US. It is felt that the international market is still very splintered on the supply side. • Enhance the research new product. • Consider a sister company. • Consider buying websites specializing in this niche • Other as may be appropriate
Support & Training:
Seller is committed to the success of the buyer and will work in both transition and consulting if desired.
Reason for Selling:
Retirement.
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Country Business Inc.

Business Listed By:
Administrative Manager

Country Business, Inc.

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